Prior to the outbreak of Covid-19, medical and wellness tourism was a significant growth industry in many emerging economies. The last decade saw a boom in medical tourism: by 2018 the global market was generating $58.6bn annually, and in 2019 it was forecast to grow at a compound annual growth rate of 11.7% to reach more than $142.2bn by 2026. While the pandemic represents a...
Various governments in the region are looking to new, alternative tourism models to drive their pandemic recoveries, with an emphasis on ecological options and “staycations”. Both in order to reboot its tourism industry and as part of its drive to diversify the economy away from hydrocarbons, Saudi Arabia is developing several major ecological tourism projects. In April 2021...
The global Covid-19 pandemic has significantly impacted the global tourism industry in 2020; however, with demand likely to be high after months of enforced isolation, the tourism sector is hopeful there will be a recovery in activity once international travel is able to resume. The substantial growth of the tourism segment in recent years...
Environmentally protected areas – including sandy deserts, oases, mountains, beaches and salt plains – make up 5000 sq km of the UAE’s territory, and as the largest emirate, Abu Dhabi benefits greatly from its share of these, as does its growing ecotourism segment. Indeed, most of the emirate’s protected areas are open to visitors, with...
With a range of museums and heritage sites at its disposal, Abu Dhabi has a tourism offering with a strong cultural element. This underpins the emirate’s appeal as a destination and provides cultural attractions for the UAE’s domestic population. The sector is set for continued growth, as the emirate launched a fiveyear Culture Sector Strategy...
While Abu Dhabi has long been a destination for business and government travellers, recent expansion of the emirate’s culture and entertainment portfolio has meant the emirate’s hotel owners and developers have also had to widen their offering. This has dovetailed with the expansion of Abu Dhabi as an international transport hub, along with...
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×