Tag: Revenues

Abu Dhabi hotels record strong double-digit rise in revenues in Q1 of 2019

According to the latest figures released by the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) for the emirate’s hospitality sector, the total hotel revenues for the emirate for Q1 of 2019 have increased by more than 16% compared to the same period in 2018. Events such as the AFC Asian Cup, […]

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GCC hospitality sector revenues to reach $35.9 billion by 2018

The GCC hospitality industry is set to grow at an annual rate of 9.5% to $35.9 billion by 2018 from $22.8 billion in 2013, according to reports. The growth is expected to be driven by international tourist arrivals, especially from Asia, stated the new report by investment bank Alpen Capital. The MICE (Meeting, Incentives, Conferences […]

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Turkey targets 50 million visitors, $50 billion revenue by 2023

The Turkish Association of Travel Agencies (TURSAB) is expecting that in 2014, the tourist arrivals will rise to 43 million and the sector’s revenues will grow to $36 billion. Last year, Turkey witnessed a revenue generation of $32.3 billion while 39.2 million tourists visited the destination. Last year, Germans grabbed the top position in the […]

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Increase in revenues for Greek tourism

There is good news for Greek Tourism as revenues have increased by 17.3% in the first two months this year, compared to the last and thus a total of €296.1 million was attained, according to the latest announcement by the Bank of Greece. Also reports released by Kathimerini online show that revenues from cruise activity […]

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Jordan’s tourism revenues reach $2.231 billion in 8 months

Central Bank of Jordan’s figures show that overall revenues of tourism in Jordan crossed the $2 billion mark in the first 8 months this year. Jordan, unlike other countries around the region, has always been politically stable and the authorities are strictly under the order to maintain law and order in a country which shelters […]

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