New infrastructure and investment will be critical to reaching tourism targets as Turkey barrels towards its Vision 2023 goals, including welcoming 50m visitors and earning $50bn in tourism revenues annually. Hoteliers in Istanbul, the country’s largest city, are investing heavily in new offerings, with thousands of new rooms set to enter the market in 2015. More...
Qatar’s government has pursued an intensive national economic diversification strategy over the last two decades, aiming to leverage oil and gas revenues as it builds a broader economic base. In line with Qatar National Vision 2030 (QNV 2030) and the National Development Strategy 2011-16, the government has prioritised tourism as one of the...
Qatar’s economic diversification plans combined with robust population growth require the construction of additional infrastructure, including an extensive hotel network that will support the country’s burgeoning travel market. The country’s tourism authority anticipates a rapid increase in the number of visitors in the build up to the 2022...
The value of cultural institutions is often ignored, particularly in rapidly growing economies, because of the intangible benefits they bring. Qatar, however, has proudly declared its ambitions of becoming the most important cultural hub in the Gulf and has accordingly allocated significant resources to collect, preserve and display its...
According to official figures, there were around 3.5m guest arrivals in Abu Dhabi in 2014. The industry was earmarked as a key target sector for economic diversification in the government’s Abu Dhabi Economic Vision 2030, and the goal is to reach 8m visitors by then. Finding those extra 4.5m visitors will in itself be no mean feat. Yet just as important for the long-term...
Highlighted by the government as a key sector to support diversification in its Abu Dhabi Economic Vision 2030 strategy, tourism is of growing importance to Abu Dhabi’s economy. As a result, the past decade has seen significant sums invested in developing facilities and infrastructure to help the emirate break into the highly competitive global leisure market. So far,...
Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.
Register now and also receive a complimentary 2-month licence to the OBG Research Terminal.
Register Here×