Friday 22 November 2024
 
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consumer

UAE consumer spending set to top $261bn

Consumer spending in the UAE, which amounted to nearly $183 billion in 2016, is forecast to rise at a compound annual growth rate (CAGR) of 7.5 per cent over the next five years to exceed $261 billion in 2021, a report released by the Dubai Cham

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4 consumer behavioural trends every retailer needs to know

Understanding consumer trends is key for the travel and retail industry to foster a more connected and personalised travel experience for consumers. A study released by global technology provider, Sabre Corporation, in collaborati

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Consumer experiences drive spending at DSF

Consumer spending on experiences, rather than more traditional sectors like fashion retail and luxury goods, saw the biggest growth during the first two weeks of Dubai Shopping Festival (DSF), revealed global payments technology company Visa.

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Travel apps or travel agents?

While travel apps have been adopted by a vast majority of Chinese Travelzoo members, there seems to be much resistance among European members to book travel on mobile, a new survey has unveiled. According to a survey conducted by

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UK consumer morale at 5-year low after Brexit

British consumer morale suffered its biggest drop in more than five years after last month's decision by voters to leave the European Union, and surveys of recruitment firms and retailers also signalled a slowdown ahead. In a

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Dewa kicks off consumer competition with $16,300 in prizes

The Dubai Electricity and Water Authority (Dewa) has kicked off the competition for the 12th Best Consumer Award, which encourages residential customers to use energy sensibly. The Award reflects Dewa’s efforts to encourage custom

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Travellers want hospitality brands to beat expectations: study

Hospitality brands that learn to read and react to an individual’s tastes and preferences and are able to quickly identify what travellers will want tomorrow are bound to win future customers, a new study has revealed. Sabre

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Huawei reports $60bn revenue, up 37pc

Huawei has reported a revenue of 395 billion Chinese renminbi ($60.8 billion) for its carrier, enterprise and consumer business groups (BGs) for 2015, representing a 37 per cent increase year-on-year.   Its net p

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Samsung wins more than 100 awards at CES

Samsung Electronics Co, a leader and innovator in consumer electronics, semiconductors and telecommunications, has won more than 100 awards in key categories including home entertainment, home appliances, mobile, and Internet of Things at the

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Audi to present latest technologies, models at US show

Audi is set to present its latest technologies and models at the International Consumer Electronics Show (CES) in Las Vegas, US.   It will run from January 6 to 8, said a statement.  

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