Arrivals at Muscat International Airport grew from 7.56m in 2012 to reach 8.31m in 2013, and this rising trend looks set to continue as the sultanate rolls out infrastructure development plans and increases its offerings for visitors. Across the country smaller airports are undergoing expansion that will allow larger planes to land, while rail development in the sultanate will see 2244 km of...
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Although the sultanate’s petroleum wealth has traditionally provided a backbone for growth, efforts are well under way to diversify away from hydrocarbons. Oman Vision 2020 has laid out plans to boost industrialisation within the sultanate and to encourage the private sector to take a more active role in the economy and in the provision of jobs, both of which are billed as key drivers for growth.
Interviews & Viewpoints | María del Carmen de Reparaz, Vice-Minister of Tourism: Interview from The Report: Peru 2015
What infrastructure segments most need upgrading to enhance the tourism sector’s potential?
Articles & Analysis | With a series of large events on the horizon, efforts are under way to expand MICE infrastructure from The Report: Peru 2015
Though still relatively small, Peru’s meetings, incentives, conventions and events (MICE) segment has grown at a stable pace in recent years. According to estimates by the National Chamber of Tourism (Cámara Nacional de Turismo, CANATUR), revenues generated by the segment are expected to reach $300m by end 2014. A series of events scheduled for upcoming years is set to...
Articles & Analysis | Hotel investment on the rise to meet growing demand from The Report: Peru 2015
An increasing number of tourists as well as large-scale events scheduled for the coming years is spurring significant investment across the hotel industry, as Peru prepares to meet rising demand. Growth prospects are attracting investment from international and local investors alike, generating alliances between the two. Meanwhile, the government is continuing its...
Articles & Analysis | Investment in transport and niche segments supports growth potential from The Report: Peru 2015
Featuring many attractions, from the iconic Machu Picchu to the Andes Mountains, the Pacific Ocean shores to the Amazonian forest, the tourist offering in Peru is rich and diverse, complemented by its internationally renowned cuisine and rich Inca heritage.