Middle East/Africa

26
Apr

Kenya Catches The Eye Of The World’s Super Rich

Kenya emerged as the third most preferred travel destination by the High Net-Worth Individuals (HNWI) in Africa in 2016, beating world famous Mauritius and Seychelles. The Afrasia New World Wealth report indicates that Kenya hosted 4,000 multi-millionaires last year while Morocco accommodated 5,000 and South Africa 15,000. Botswana tied with Kenya in the third position. According to the report, multi-millionaires

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26
Apr

Egypt Eyes Faith And Luxury in 2-Year Tourism Recovery Plan

Egypt plans to promote religious, medical and luxury trips, and develop new markets in India and Eastern Europe, as it pushes to revive its vital tourism industry to pre-2011 revolution levels within two years. In addition to more diverse tourism offerings, the home of the pyramids will ease travel for residents of the Gulf Arab nations through an e-visa program

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26
Apr

GCC Turns To China, India To Boost Growth In Tourism Receipts

Major tourism destinations in the GCC will increase efforts to target Indian and Chinese inbound tourists, as regional and international guests from Europe continue to feel the acute financial pressures of the challenging global economy. The findings were published on April 24 by Colliers International at Arabian Travel Market, at Dubai World Trade Centre, during a seminar session entitled ‘Capitalising

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26
Apr

Top African Cities For HNWIs

According to the New World Wealth’s and Afrasia Bank’s Africa Wealth Report 2017, Johannesburg is the top African city for HNWIs. There are also sizable HNWI populations living in Cairo, Cape Town, Lagos and Nairobi. HNWI city trends over the past year The following table details the performance of HNWIs in major African cities over the past year (2016). As

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19
Apr

New Visa Policies Boost Hotel Bookings In Dubai

The UAE government’s decision to grant visas on arrival for Chinese and Russian visitors has sparked a huge influx of tourists to Dubai, with hoteliers reporting they are nearly fully booked . During the first three months of the year, hotels across the emirate recorded an occupancy level of 86.3 per cent, showing a 2.7 per cent increase compared to

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19
Apr

UAE Airports Forecast 6.3% Passenger Growth In 2017 Despite Headwinds

Despite sluggish global economic growth, low oil prices, ‘Trumponomics’ and Brexit, the UAE will lead Middle East passenger growth in 2017 with an annual increase of more than 6.3%, according to estimates from the International Air Transport Association (IATA). However, aviation-related discussions during Arabian Travel Market this year will no doubt be dominated by the recent US-led ban on electronic

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29
Mar

How Significant Is The Gulf’s Slowing Capacity Growth?

Expansion by the big Gulf carriers has been a dominant theme in the airline industry over the past decade. Few airlines have not had to respond – whether by embracing or by battling – to these new rivals as their reach spread into every continent. Dubai-based Emirates, Qatar Airways, and latterly Abu Dhabi’s Etihad Airways, with their mandates to develop transport and tourism

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23
Mar

Top-Rated Middle East Hotels For HNWIs, 2017

According to a new report from a wealth intelligence company, New World Wealth, out-of-towners with at least Dh3.6 million ($1 million) in their bank accounts and portfolios love to vacation in some of the opulent accommodations in the UAE But for the super-rich with plenty of dirhams to spare, the one that really stands out among the thousands of hotels

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16
Mar

MENA To Receive 195m Visitors By 2030

Visitors to the MENA region will total 195 million by 2030, growing at a rate higher than the world average, according to new figures by the World Tourism Organisation (UNWTO). The rapid development of the sector will form part of the discussion at the UNWTO & ATM Ministerial Forum at the Arabian Travel Market, which is being held from April

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16
Mar

UAE Ranks As World’s Fastest-Growing Theme Park Market

The UAE is the dominant market in the MENA region for theme park visitor spending, with spending set to grow six-fold from $105 million in 2016 to $637 million by 2020, according to a report by the International Association of Amusement Parks and Attractions. “UAE theme parks are on the cutting-edge of leveraging real-time information management technology to enhance the

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