Successive governments have identified tourism as a promising avenue for Papua New Guinea to diversify its economy away from a reliance on extractive industries. PNG’s biodiversity and rich cultural traditions offer a range of tourism opportunities that stand to be unlocked by improved infrastructure and effective marketing strategies. Prior to the Covid-19 pandemic, the country seemed poised...
The economic downturn resulting from lower global commodity prices and the completion of the PNG LNG project means the future of Papua New Guinea must be navigated with care. The country possesses plentiful natural resources, which, given effective management, could provide new revenue to spur diversification, as well as sustainable and equitable growth in all provinces.
Articles & Analysis | What reforms are supporting Egypt's tourism industry? from The Report: Egypt 2020
After years of recovery following the decrease in tourism that resulted from the 2011 revolution, Egypt is once again attracting international visitors, with annual growth for 2020 projected in double figures. Although the spread of the Covid-19 pandemic significantly impacted the global tourism industry throughout the first half of 2020, it...
Articles & Analysis | What kind of investment will attract tourists to Egypt? from The Report: Egypt 2020
Infrastructure investment is a key pillar under reforms put forward by the Ministry of Tourism and Antiquity (MoTA) in 2018. These reforms recognise the need to develop existing infrastructure and increase overall capacity. Tourist arrivals have risen steadily in recent years, reaching 12.6m in 2019. Although visitor numbers in the first half...
Articles & Analysis | How Abu Dhabi is meeting growing demand for hotels from The Report: Abu Dhabi 2020
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...