Middle East
Stories tagged Middle East.
Accor Guides to Flat Fourth Quarter on France and Middle East Caution
Accor expects flat global fourth-quarter RevPAR and has factored caution over French unrest and Middle East conflicts into its full-year outlook.
Iran Conflict Exposes Indian Airlines' Dependence on Gulf Hubs
International passenger traffic to and from India fell 9% year-on-year to 17.2 million in the April-June quarter as the Iran war disrupted Middle East routes, with Indian carriers' international traffic plunging 27%.
Jewellery Sales Emerge as Key Differentiator for Luxury Groups Amid Fashion Slump
As luxury conglomerates face declining fashion sales and geopolitical headwinds from the Middle East conflict, investors are zeroing in on jewellery performance as a critical factor in determining market winners.
Luxury market shows early recovery signs in Q2, Bain says
The global personal luxury goods market is showing early signs of recovery in the second quarter, driven by stronger-than-expected demand in the United States, according to consultancy Bain & Company.