Despite the challenges, due to the current circumstances, Radisson Hotel Group has started moving towards normality with a host of expansion and opening announcements over the past months.
The latest data analysis produced by YouGov for Reed Exhibitions, the organiser of Arabian Travel Market (ATM,) has revealed that 46 percent of luxury travellers in the Middle East, are planning to travel internationally at some stage during this year.
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According to the latest published Construction Pipeline Trend Report for the Middle East, analysts at Lodging Econometrics (LE) state at the end of the third quarter (Q3) of this year, the hotel construction pipeline in the Middle East declined again to 579 projects/168,042 rooms. The Middle East’s pipeline is down seven percent by projects and six percent by rooms year-over-year (YOY). This is the fifth consecutive quarter the pipeline has declined since reaching its cyclical peak by projects in Q2 2019. H.E. Ahmed Al-Khateeb, minister of tourism, Saudi Arabia, on September 16 announced that the establishment of the UNWTO Regional Office for the Middle East in Riyadh, Saudi Arabia has been approved by UNWTO executive council members.
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