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Tag: hospitality

MENA hospitality sector CAGR to grow 7.6% over 2015-2020

MENA, hospitality, CAGR

The long-term outlook for MENA remains robust with the market expected to grow at a CAGR of 7.6% from an estimated US$25.4 billion in 2015 to US$36.7 billion in 2020, according to Alpen Capital's 'GCC Hospitality Industry Report'. Measures are in place to diversify the economy to buffer against low oil prices and currency …

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