Real estate investors will pour $10bn into the hospitality sector in Bahrain by 2020, according to the Economic Development Board of Bahrain (EDB), as a raft of new luxury hotels and resorts is built across some of the country’s 33 islands. The developments will cater to people looking for anything from a downtown retail excursion to a...
As a leading performer in Bahrain’s economy in 2017, the tourism and leisure sector has begun measuring its success and impact in billions of dollars. The kingdom expects to see annual tourism receipts of over $1bn by 2020, by which time over $1bn will have been spent on upgrading its international airport and a further $10bn on a raft of new...
What must be done to fulfil Economic Vision 2030’s aims for tourism, which highlight the role of the sector in attracting foreign direct investment (FDI)?
As a leading performer in Bahrain’s economy in 2017, the tourism and leisure sector has begun measuring its success and impact in billions of dollars. The kingdom expects to see annual tourism receipts of over $1bn by 2020, by which time over $1bn will have been spent on upgrading its international airport and a further $10bn on a raft of new luxury hotel developments. By the end of 2018 the...
With the sector dominated by four- and five-star hotels, tourism in Oman relies heavily on luxury and business travellers. However, in recent years the Ministry of Tourism (MoT) has been looking to tap other markets, including budget-conscious holiday makers. This approach has been aided by the arrival of cheaper airfares from foreign airlines...
In addition to raising the overall awareness of Oman as a global destination and increasing the number of foreign visitors to the country, the Ministry of Tourism (MoT) and related agencies are actively seeking to tap the domestic market. By tailoring services specifically to locals, developing lesser known destinations, and creating...
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