Tuesday, November 13, 2007

Mideast tourism revenues to hit $51b !

Middle East tourism revenues will more than double to $51 billion and visitor arrivals are expected to grow by 66 per cent in four years as the tourism sector continues its strong growth in the region, according to a study.

The UAE will be the second biggest earner of tourism revenues after Saudi Arabia, which is aided by a strong domestic travel sector and pilgrim spending.

Tourism revenue in the Middle East is expected to grow 108 per cent to almost $51 billion and domestic tourism 82 per cent to $24 billion in 2011, said the report on tourism trends, released on the opening day of the four-day World Travel Market exhibition in London (WTM) yesterday.

It forecasts the number of inbound tourists to the Middle East will grow 66 per cent to 55 million by 2011.
Dubai's success in establishing itself as a tourist destination is spurring other countries in the region to invest in diversifying their economies.

Last year, Dubai attracted about 6.5 million tourists, according to Dubai's Department of Tourism and Commerce Marketing.

The travel industry should improve efforts to target visitors from within the region and create specific packages that take into account their religious and cultural values, the report prepared by market intelligence firm Euromonitor International said.

That's what happens if you maintain and "feed" your apetite for touristic development in your country. It's just a matter of will.

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