With visitor numbers having risen to 2.5m in 2011, representing a 9% increase year-on-year, the government is developing tourist destinations outside traditional travel hotspots. While the focus has traditionally been on the country’s many historical and cultural sights, the sector is now seeing increased demand for business tourism services. Ecotourism is also a growth area, with more tourists...
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Economic update | Bahrain: Road to recovery
27 Sep 2012
The number of international arrivals to Bahrain surged in mid-August, as visitors headed to the Gulf country to celebrate the post-Ramadan Eid holidays. The tourism sector appears to be more generally looking up after a challenging 2011, with its direct contribution to GDP projected to grow by 3.7% per year until 2022, according to the World Travel & Tourism Council. Recent investor activity is largely in line with these expectations, with a number of new hotels set to open in the coming years.
Located on Africa’s western coast, Ghana is home to 24m people and a variety of ethnic groups. The country is divided into 10 administrative regions and has a strong executive branch, a unicameral legislature made up of 230 members, and an independent judiciary.
As a stable country with rapid economic growth, Ghana hopes to capitalise on its image as a well managed a peaceful West African state to attract tourists. While the sector still makes up a relatively small portion of GDP, at 2.3%, the government is hoping to increase its contribution to the economy and become a more competitive African tourism market. Ecotourism remains the foundation of the...
Economic update | Thailand: Tourism master plan
12 Sep 2012
In a trend that has continued into 2012, Thailand’s remarkably resilient tourism industry showed itself to be largely unaffected by the country’s devastating floods last year, giving a strong performance that produced year-on-year increases in both arrival numbers and revenue.
Articles & Analysis | Pushing for more: Better offers attract more investors and visitors from The Report: Ghana 2012
Renowned for its stability and rapid economic growth fuelled by exporting commodities and foreign direct investment, Ghana hopes to capitalise on its image as a well-managed and peaceful West African state to further develop its tourism industry. The sector is buoyed by an increasing number of business travellers and is continuing to diversify its...