By Ron Chen, Bureau Chief, Asia
Oxford Business Group has announced its partnership with Food and Hospitality Oman which will be held on September 18 – 20, 2023, at the Oman Convention & Exhibition Centre, Sultanate of Oman.
Cyber Era NG learns that the Food and Hospitality Oman (FHO) is the Sultanate of Oman’s largest international business event for the food and hospitality sectors.
Now in its 16th edition, FHO is organised under the patronage of the Ministry of Agriculture, Fisheries, Wealth, and Water Resources to highlight the food and hospitality industry’s evolving business dynamics, showcase new products and services, facilitate trade, and exchange insights on opportunities and challenges in the market.
The Sultanate is witnessing a rapid growth in food consumption, growing at an annualised rate of 4.2 per cent between 2020 and 2025. Total food consumption in the country is estimated to rise to 4.6mn metric tonnes in 2025 from 3.8mn metric tonnes in 2020.
Oman’s hospitality industry is forecast to grow at a compound annual growth rate (CAGR) of 6.3 per cent to reach US$900mn between 2022 and 2026. The government’s initiatives and investments to improve the tourism landscape is expected to be drive the hospitality sector’s development.
