Hospitality & Tourism

Sunset Hospitality Group acquires majority stake in Maximal Concepts

Transaction includes popular brand Mott 32, adds 19 restaurants in 13 countries to SHG portfolio

Passenger traffic at Oman’s airports rises 9.2 percent to 8.5 million in July

Number of passengers traveling through Oman's Muscat International Airport reached 7,571,148 by the end of July 2024

Saudi Arabia’s flynas expands UAE network with 8 new routes starting September 1

Expansion makes flynas the only Saudi airline serving the major four airports in the UAE with more than 20 daily flights

2.7 million tax free tags issued in UAE’s digital VAT refund system for tourists in H1 2024

UAE's digital VAT refund system processed 19.67 million transactions during this period

Nakheel awards $220.54 million contract for marine works at Palm Jebel Ali to Jan De Nul Dredging

Jan De Nul Dredging is expected complete the entire scope of marine works at Palm Jebel Ali in just over two years

UAE carriers boost global reach to 606 destinations, targeting 140 million passengers

This represents a 3.4 percent increase from the 586 destinations served at the end of 2023

Egypt targets over 15 million tourist arrivals in 2024, earnings to exceed $14 billion

The number of tourist arrivals to Egypt during the first half of 2024 reached a record high of 7.069 million

Visa-free travel to Sri Lanka: UAE, Saudi Arabia, and 33 other countries granted access

Saudi Arabia ranked third as a potential market for Sri Lankan tourism in June 2024

Dubai’s DXB to serve 3.43 million passengers between August 21 and September 2

The airport forecasts September 1 to be the peak day, accommodating 291,000 passengers

UAE travel: Abu Dhabi Airports welcomes 3 new IndiGo routes to India

The expansion boosts Abu Dhabi-India connectivity, bringing the total number of IndiGo-operated routes to 13

Qatar’s Hamad International Airport sets new record high in July with 4.73 million passengers

The airport set a previous record for the busiest month in January 2024, when it served 4.5 million passengers

Abu Dhabi’s hotel revenue soars to $865.79 million in first five months of 2024, welcoming 2.4 million guests

By the end of May, Abu Dhabi boasted 169 hotel establishments, offering a total of 34,079 rooms

Qatar Airways acquires 25 percent stake in Airlink, expanding African reach

Qatar Airways will expand its reach to 45 destinations across 15 African countries

Dubai welcomes over 691,000 health tourists, generating $280.42 million in spending

The emirate's indirect revenue from health tourism reached AED2.3 billion in 2023

Riyadh Air partners with CONCACAF to connect football fans worldwide

This partnership will boost brand awareness among a large, passionate audience, setting the stage for the 2025 launch

Saudia leads world in on-time flights again

The airline achieved on-time arrival rate of 88.12 percent and on-time departure rate of 88.15 percent

Plaza Premium Group: Transforming and elevating airport experiences

Premier airport hospitality player partners with gourmet brand Numero Uno

How global aircraft chartering is revolutionizing corporate travel 

Companies spend about $111.7 billion on business travel every year 

GCC’s aviation sector soars as a key economic driver 

Robust infrastructure, strategic location vital to the growth of the industry and the region’s economy

Abu Dhabi’s Etihad Airways records 10.4 million passengers during Jan-Jul 2024

The airline transported 1.7 million passengers in July 2024, achieving an 89 percent load factor

Air Arabia reports $188.67 million net profit in H1 2024, continues network expansion and sustainability efforts

The airline achieved a turnover of $449.22 million, a 19 percent increase year-over-year

Emirates to launch retrofitted Boeing 777s to Zurich, Riyadh starting October 1

So far, 25 aircraft have been retrofitted, with 17 more to undergo the upgrade by December 2024