Omar Alfardan: It is important to develop a wide range of hotels that will address the unique needs of various travelers; having projects in all segments will attract a more diverse selection of travelers who have particular needs in terms of facilities and budget.
Backed by a coordinated government strategy and strong investments in key economic enablers such as infrastructure, Qatar’s tourism industry continues to grow at a steady clip. Since 2010 Qatar has seen arrival numbers rise more than 72% to reach 2.93m in 2015. The sector’s economic contribution hit QR39.5bn ($10.8bn) in 2014, and mid-2015 estimates projected 2015 growth at 6.6%, according to...
With the fall in oil prices underlining the dangers of an over reliance on hydrocarbons revenues, Qatar has continued to forge ahead with its economic diversification drive in 2016. Non-hydrocarbons growth now outstrips hydrocarbons growth, with several big-ticket construction projects, an increasingly dynamic financial services sector and a growing reputation as a tourist destination all fuelling non-oil expansion.
Tourism is set to take on a pivotal role in the Saudi Arabian economy, with business, leisure and faith-based travel all identified as vehicles to raise the industry’s profile and generate both revenue and employment.
Stronger product offerings and continued investment in Abu Dhabi’s leisure and hospitality infrastructure look set to generate a rebound in the emirate’s tourism sector.
The cruise tourism segment is showing itself to be increasingly capable of boosting Abu Dhabi’s status as an international destination, while further supporting moves to diversify economic growth beyond the hydrocarbons sector. The emirate is expecting increased arrivals and greater tourist footfall onshore thanks to the decision by top cruise...
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