Hospitality & Travel news worldwide | Page 4

An overview of news, trends and research in the Hospitality & Travel industry in all countries:

United Kingdom

Entourage Collection secures capital for US growth Travel company Entourage Collection has enjoyed a successful growth capital raise, as the trans-Atlantic firm aims to expand its US presence.
31 August 2023
United Arab Emirates

Travelers from UAE traveling more and spending more on trips A growing number of UAE residents expect to travel in the coming year, and notably, they also plan to spend more money on their (international) vacation: 72% have increased their travel budget.
30 August 2023
Egypt

Egypt a rising star in green tourism, says Bain & Company The tourism industry in Egypt has several routes towards increased sustainability, with some initiatives already under way. However, more still needs to be done to fully leverage these assets.
18 August 2023
United States

Diners back in restaurants, but wouldn’t mind a price cut Restaurant dining has returned to pre-pandemic levels, according to a recent Deloitte report, though consumers wouldn’t mind lower prices.
06 July 2023
Egypt

Egis provides consultancy services to GV Group's hospitality portfolio Global engineering consultancy Egis has entered into a consortium agreement with GV Group, an Egyptian real estate investor and developer.
06 July 2023
Saudi Arabia

Hotel room capacity in Saudi Arabia to triple to 450,000 by 2030 Saudi Arabia is gearing up to become one of the world’s largest tourist destinations, with the number of hotel rooms to more than triple in the coming decade.
25 May 2023
Middle East

M&A bankers and advisors help Taiba seal Dur Hospitality deal Taiba Investments Company has acquired Dur Hospitality, one of the larger hotel and residential compound groups in the region.
28 April 2023
Middle East

DAMAC hires consultancies for Europe-inspired luxury lagoon resort DAMAC Properties has hired several consulting firms to help support the completion of the next round of clusters at DAMAC Lagoons, a luxury residential development located in the heart of Dubai which
28 April 2023
Middle East

Akhom Consulting lands Ibiza’s Ushuaïa Beach Hotel as a client Spanish luxury hotel chain Palladium Hotel Group has appointed Akhom Consulting as its commercial representative in the Middle East market.
19 April 2023
United Arab Emirates

Dubai’s hotel sector among top performing markets internationally The global pandemic had a major impact on the tourism industry, with many popular destinations experiencing a sharp decline in visitor numbers.
22 March 2023
India

India's hotel sector could contribute $1 trillion to GDP by 2047 The hotel sector in India is projected to break through the $1 trillion barrier sometime in the 2040s, according to a new report by the Hotel Association of India.
10 March 2023
United Arab Emirates

Dubai’s hospitality industry enjoys sunny outlook for 2023 As Dubai’s hospitality industry continues its strong post-pandemic rebound, leisure and business trips are both on an upward growth trajectory heading into 2023.
13 February 2023
Netherlands

The digital engine behind Simon-Kucher’s travel and leisure work Last year, global consultancy Simon-Kucher & Partners launched its new solutions business, Engine.
25 November 2022
Qatar

Qatar's hotel scene to boom as millions of fans and tourists arrive Qatar’s hotel scene is set for a boom in the coming years, according to new research by Knight Frank, on the back of a tourism-focused vision by the government and major sporting events such as the W
18 October 2022
United Kingdom

The Construction Consultants selected for Birmingham redevelopment Midlands-based The Construction Consultants has been appointed to a major new hospitality scheme in Birmingham.
10 October 2022
United Kingdom

Travel recovery to slow amid recessionary pressures As the global travel sector looks to rebound from Covid-19, the pressures of heightened inflation look to have slowed its recover.
27 September 2022
Australia

Sefiani bags six communication mandates across sectors Australian communications firm Sefiani has bagged six new mandates over the past weeks, including at new clients across the sustainability, hospitality, financial services and technology sectors.
13 September 2022
United Kingdom

Business travel will not recover pre-pandemic levels While the tourist industry has rebounded following the relaxation of Covid-19 lockdowns around the world, business travel is making no such recovery.
08 September 2022
Europe

Roland Berger and Kearney advise on acquisition of Vacanceselect Vacanceselect, a major player in the European outdoor accommodation and camping industry, has been acquired by European Camping Group for nearly €1 billion.
11 August 2022
United Arab Emirates

CBRE advises on acquisition of Doubletree by Hilton in Marjan Island Abu Dhabi’s biggest developer Aldar Properties has expanded its hospitality and leisure portfolio in the UAE with the acquisition of Doubletree by Hilton in Marjan Island and an adjacent beachfront d
04 August 2022

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