For the last 10 years the Bahrain Formula 1 Grand Prix has concluded with the winner being doused in waard, a local carbonated rosewater drink. In 2014 the tradition continued with the UK’s Lewis Hamilton being congratulated in this manner after winning the first-ever night...
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Articles & Analysis | Bahrain's tourims sector adds international sporting events from The Report: Bahrain 2015
Tourism’s total contribution to Bahrain’s GDP reached $3.26bn, or 10.2% in 2013, with this is expected to increase by 7.6% in 2014 and then by 5% each year until 2024. Continued investment in infrastructure will help drive future growth in the sector, with the $980m expansion of Bahrain International Airport due to increase capacity to 13.5m passengers per year. Meanwhile, plans to expand the...
As the region faces up to the challenge of the recent drop in oil prices, Bahrain’s fundamentals indicate the kingdom is well positioned to weather the dip. The focus on diversification goals outlined in Economic Vision 2030 is helping establish a more competitive and sustainable economy in the kingdom. The financial sector, which represents Bahrain’s second-largest GDP contributor, has continued to recover robustly since the global economic downturn.
An increase in overseas patient numbers should lift earnings in Thailand’s health tourism sector this year, with double-digit growth forecast as service providers move to boost their profile and service offerings.
Within Trinidad and Tobago’s diverse tourism industry, the annual carnival is frequently cited as the jewel in the crown. Certainly, in cultural terms it is central to Trinbagonian identity. But whether the country is making the best of Carnival from an economic point of view is open to debate.
Articles & Analysis | The Tourism Master Plan brings sector goals into focus from The Report: Myanmar 2015
In June 2013 the Myanmar Ministry of Hotels and Tourism unveiled its Tourism Master Plan, which aims to set clear guidelines for the development of the tourism sector over the next seven years. The government is hoping to channel the industry’s short-term growth into long-term benefits for the country.