The value of Mena’s hospitality market is set to grow from $310 billion in 2025 to more than $487 billion by 2032, according to data released ahead of the Future Hospitality Summit – FHS World, Madinat Jumeirah Dubai, October 27-29.
Future Hospitality Summit - FHS World, taking place in Dubai later this month, asked eight tech leaders what's next for the industry. Their answers paint a picture of an industry on the cusp of transformation, where AI, data, automation, and personalization converge, while the human touch remains essential.
The global luxury market has been uneven, but luxury hospitality and tourism have thrived. Bain & Company reports that while personal luxury goods declined, experience-driven sectors like travel and dining grew. In 2024, luxury hospitality reached $280 billion, with fine dining up 8% and cruises up 30%.
Knight Frank forecasts a vibrant UAE hotel market, driven by diverse regional and international investors. The sector saw strong growth, with RevPAR and ADR rising 11.9% year-on-year. Abu Dhabi led with 24% RevPAR growth. Hotel rooms are projected to reach 235,674 by 2030.
Khamas Hospitality, a leading UAE hospitality management company, has outlined the key trends shaping 2026: artificial intelligence, cybersecurity, wellness, and branded residences.
Dubai developer Meraas has unveiled an expanded residential masterplan for Dubai Design District (d3), thus transforming the district into one of Dubai’s most desirable creative-led waterfront neighbourhoods. Spanning 18 million sq ft, it will offer residents a blend of cultural, retail and hospitality experiences.
Global hospitality major Hilton has announced the opening of two new properties in Makkah - DoubleTree by Hilton Makkah Aziziyah and Wirgan Al Noor, Tapestry Collection by Hilton - nearly doubling its presence in the Saudi city and expanding its hospitality offerings for the millions of pilgrims and travellers who visit each year.
Arada, a leading regional developer, has unveiled Inaura, an urban fitness-led hospitality and residences concept in Dubai.
Vatel Bahrain organised a workshop for students from St. Christopher’s School who are enrolled in the BTEC Travel and Tourism pathway.