HORECA Middle East: 5 Opportunities in the Hotels, Restaurants, and Catering Industries
Aaron Allen & Associates
AUGUST 15, 2023
Economic Growth Will Continue to Shape the Middle East HORECA Landscape Economic Indicators Encourage Hotel/Restaurant/Catering Sales Generally, the HORECA industry grows at the pace of GDP growth, population, inflation, and share of discretionary income. Hotel sales grew 23% over 2022, and Restaurants & Cafés grew by 17%.
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