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09 Jul 2021 | South Asia, Middle East & North Africa | Market Research
GCC Hospitality and Foodservice Growth Opportunities
Consumer Choices and Technology Innovation Generate Growth Opportunities in the New Normal
The COVID-19 pandemic showed that change is unavoidable and industries cannot depend on a permanent status quo. The revenue loss registered by the Gulf Cooperation Council (GCC) hospitality and foodservice industry in 2020 is proof of the crisis’ scale, with cumulative financial loss expected to be between $50 and $60 billion. Since health, hygiene...
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