Tag Archives: GCC Hospitality Industry

GCC Hospitality Industry to witness steady growth after sharp post pandemic recovery, says Alpen Capital

GCC Hospitality Industry to witness steady growth after sharp post pandemic recovery, says Alpen Capital

DUBAI – August 3, 2022: Alpen Capital’s latest hospitality sector report for the GCC projects the industry will return to pre-pandemic levels in 2022, registering a 74.8% year-on-year growth and reaching a revenue of USD 26.3 billion. It adds the industry is expected to grow with a Compounded Annual Growth Rate (CAGR) of 6.6% up to 2026.

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