Tourism

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Despite its diversified economy, Bahrain has nonetheless faced pressures in recent years as a result of the 2014-15 drop in global oil prices. However, a multibillion-dollar aid package from other Gulf states and an accompanying fiscal adjustment plan, as well as growth following a partial oil price recovery and a major oil and gas discovery, offer hope for an economic turnaround in 2019.

Chapter | Tourism from The Report: Cote d’Ivoire 2019

The Ivorian government made tourism a priority in its National Development Plan 2016-20, and wants to make it one of the top-three contributors to GDP by 2020, with the goal of attracting up to 5m tourists by 2025. Moreover, the country ranks third in Africa for business tourism, behind Nigeria and Morocco. However, Côte d’Ivoire remains untouched by mass tourism, which could give it a unique...

Côte d’Ivoire has returned to economic growth after stabilising its political situation in 2011. The economy has grown at a rate of 9% per year since 2011, in part due to the emergence of its burgeoning industrial sector. As one of the fastest-growing African economies, with an annual GDP growth rate forecast at 7-7.5% in 2019, Côte d’Ivoire is now promoting sustainable and inclusive growth.

Chapter | Tourism from The Report: Myanmar 2019

Myanmar has emerged in recent years as a sought-after tourist destination in a region known for its tourism attractions. Since the country opened its doors through political reform in 2011, many have been attracted to its diverse landscapes, rich culture and heritage. While infrastructure challenges remain, and low hotel occupancy rates affect small businesses, a decline in visitors from Western...

Although Myanmar has been faced with internal conflict, a new long-term economic agenda, alongside rising oil and gas prices and considerable growth in some manufacturing segments, are set to encourage increased foreign direct investment inflows into the country.

Chapter | Tourism from The Report: Oman 2019

Encompassing some of the most spectacular sites in Arabia, a fascinating ancient culture and a worldwide reputation for hospitality, Oman has advantages as a leisure destination. At the same time, the country is an important regional economy with a thriving business sector, which has strengthened its position as a centre for meetings, incentives, conferences and exhibitions. Oman is also regarded...

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