Bahrain has remained largely insulated from international external risks and has weathered the global economic shocks of the recent past relatively well. At the height of the international financial downturn, for example, the kingdom avoided falling into recession and even achieved real GDP growth of more than 6% in 2008 and over 3% in 2009.
Articles & Analysis | Going for gold: Olympic bid sets the tone for infrastructure development in Istanbul from The Report: Turkey 2013
The Olympics have often served as international coming-out parties for host nations with emerging economies. Games held in Japan (1964), South Korea (1988) and China (2008) showed that hosting the Olympics and Paralympics can help establish or redefine a country’s global status. Having applied for Istanbul to host the 2020 Summer Games, and...
Articles & Analysis | Spreading their wings: Domestic travellers are a growing market from The Report: Turkey 2013
Turkey is a renowned destination for international holidaymakers and business travellers, yet one of the outstanding successes of recent years has been the rise of domestic tourism – Turks holidaying at home and, increasingly, of travelling abroad. This trend is set to continue too, as economic growth makes a vacation all the more possible for...
Articles & Analysis | Maturing gracefully: Aspiring to become a year-round destination through niche offerings from The Report: Turkey 2013
With official figures from 2012 showing foreign arrivals continuing to edge upwards, year-on-year, Turkey has maintained its status as a leading global tourism destination. Indeed, the sector has shown little slowdown despite the economic troubles of its most active market, Europe. Yet there are challenges, not least of which is the way in which...
Articles & Analysis | Making inroads: The MICE segment is seeking to expand to new corners of the country from The Report: Turkey 2013
In the effort to increase product diversity and enhance the year-round viability of the tourism sector, the meetings, incentives, conferences and exhibitions (MICE) segment is receiving growing attention – both from the government as well as from industry professionals.