Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Boom time ahead for UAE hospitality  Join our daily free Newsletter

MENAFN - Khaleej Times - 18/12/2013
No. of Ratings : 0
Add to Mixx!



(MENAFN - Khaleej Times) The UAE hospitality sector, which ranked fifth globally for new hotel openings over the past five years, is set to change fast by adding more rooms and other facilities as part of the preparations to host the world's third-largest event in 2020.

"World Expo 2020 is going to be a big game-changer for the country's hospitality industry. Even during the slowdown, the sector was driving the country's economy... now it is going to be a direct beneficiary of the winning bid to host the expo," Saif Mohammed Al Midfa, chief executive of Expo Centre Sharjah, said in a statement to Khaleej Times on Tuesday.

The hospitality industry officials, which converged on the inaugural Kitchen Equipment & Technology Exhibition Middle East at Expo Centre Sharjah, said the three-day event is providing the region's hospitality and catering sector easy access to latest kitchen essentials such as food storage, and preparation and handling technologies and products.

"Looking at the number of hotel rooms needed to accommodae visitors and participants to the World Expo, the large number of jobs the event will create and the equipment and manpower required, the hospitality sector will be on an overdrive for years to come. The Kitchen Equipment fair is tailor-made to address the surging needs of equipment and technology arising out of this boom," Al Midfa said.


"The whole country needs to be well prepared to meet this demand, with some predicting that the demand may spill over to neighbouring countries," said Shanaaz Raja, course director of the International Centre for Culinary Arts Dubai.

The kitchen equipment industry is also quite optimistic of the impending boom and is awaiting the new orders to be generated in the medium term. Mohd Saleh Al Dibsawi of Kitcherama Trading was also of a similar view.

"We have increased our local manufacturing capabilities and now manufacture a full range of hot cooking lines in UAE itself. This has benefited the hospitality industry greatly as European technology and quality is now manufactured locally."

 


Khaleej Times




  MENA News Headlines
 Sep 25 2016 - Libya recovers USD127m from Lehman, Cornhill CapitalMENAFN
(MENAFN) Libya"s USD67bn sovereign fund recovered USD73mn from the bankrupt Lehman Brothers and uSD53.8mn from Cornhill Capital after legal battles.Additionally, the investment authority is involved ...

 Sep 25 2016 - EU grants €200mn for ongoing energy projects in EgyptMENAFN
(MENAFN) The EU will grant Egypt a €200mn for ongoing energy projects in the energy sector.Furthermore, the grant will help the country designs its new Integrated Sustainable Energy Strategy for ...

 Sep 25 2016 - For first time, UAE takes Asia Cooperation Dialogue chairEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) NEW YORK, 24th September, 2016 (WAM) – For the first time, the UAE has chaired the 34-member Asia Cooperation Dialogue. Dr. Thani Al Zeyoudi, Minister ...

 Sep 25 2016 - Dubai Cares pledges US$ 10 mn to education in emergenciesEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) DUBAI, 24th September, 2016 (WAM) -- Dubai Cares, part of the Mohammed bin Rashid Al Maktoum Global Initiatives, has announced the creation of a new ...

 Sep 25 2016 - Obama vetoes Justice Against Sponsors of Terrorism ActEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) WASHINGTON, 24th September, 2016 (WAM)--US President Barack Obama vetoed the "Justice Against Sponsors of Terrorism Act" on Friday, warning that the bill ...

 Sep 25 2016 - Al Jaber presides UAE delegation at Annual Ministerial Meeting of Group of 77 and ChinaEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) NEW YORK, 24th September, 2016 (WAM)--Dr. Sultan Ahmed Al Jaber, UAE Minister of State, has presided the UAE delegation at the Annual Ministerial Meeting of ...

 Sep 25 2016 - UAE- Hamed and Khalid bin Zayed offered condolences to the family of nation's martyr Saeed Al FalasiEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) DUBAI, 24rd September, 2016 (WAM) -- H.H. Sheikh Hamed bin Zayed Al Nahyan, Chief of the Abu Dhabi Crown Prince's Court and H.H. Sheikh Khalid bin Zayed Al ...

 Sep 25 2016 - UAE, ICRC sign agreement on humanitarian aid in YemenEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) NEW YORK, 24th September, 2016 (WAM)--The Ministry of Foreign Affairs and International Cooperation signed on a cooperation agreement on Friday with the ...

 Sep 25 2016 - One million Saudi visitors toured UAE last year: Saudi ambassadorEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) ABU DHABI, 24th September, 2016 (WAM)--Dr. Mohammed bin Abdul Rahman Al Bishr, Saudi Arabia ambassador to the UAE, has said that about one million Saudi ...

 Sep 25 2016 - UAE- Abdullah bin Zayed hails UN Security Council role in maintaining international peace and securityEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) NEW YORK, 24th September, 2016 (WAM)--H.H. Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, said that the UAE ...

more...


 





Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help