Regional hospitality growth under the spotlight at Arabian Travel Market 2025
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· New research from STR, produced on behalf of Arabian Travel Market (ATM) reveals strong growth in the hospitality sector across the GCC region in 2024 · The study outlines how government initiatives such as Saudi Vision 2030 and the UAE’s ‘We the UAE 2031’ campaign are fuelling growth and elevating the tourism experiences offered in the region · The research also identifies luxury hospitality as a key driver of growth, with leaders in the industry set to share exclusive insights at ATM 2025 Dubai, United Arab Emirates, 19 February 2025: The hospitality sector in the GCC is experiencing a strong resurgence, with new data compiled by STR on behalf of Arabian Travel Market (ATM) revealing significant growth across the region in 2024. According to the report, aggregated Revenue per Available Room (RevPAR) across Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the UAE last year rose by 5.4% compared to 2023, fuelled primarily by an increase in occupancy ...