For many years Algeria hosted only a small number of hotels operated by international chains, with options limited to a handful of establishments, even in the capital. However this has been changing in recent years, with a substantial number of branded facilities having been opened in Algiers and beyond, making for a promising outlook in the...
Located a short distance from Europe and with a large and comparatively wealthy population of its own, Algeria is primed to make use of its significant tourism potential. Prospective attractions include 1000 km of largely undeveloped coastline, as well as vast deserts, numerous mountain ranges and countless ancient historical sites. Despite...
Located a short distance from Europe, and with a large and comparatively wealthy population of its own, Algeria is primed to make use of its significant tourism potential. Though the industry remains underdeveloped, particularly in regards to the number of hotel rooms and the cumbersome visa regime, foreign business tourism and niche areas such as spa, desert and ecotourism have strong scope...
The collapse in oil prices has weighed on the Algerian economy, giving rise to twin deficits in the budget and current account. In mid-2016 the government introduced a bold medium-term plan that targets a balanced budget by 2020, alongside a new growth model with a strategy for economic development and diversification by 2030. These moves have coincided with the private sector playing a much stronger role in the economy.
What potential does the tourism sector have to make a greater contribution to the economy?
Under pressure from reduced corporate demand, softer oil prices and slow economic growth, the hospitality industry in Doha and the wider GCC struggled with lower occupancy rates in 2016 and 2017. However, growth in the industry is expected to be faster over the next four years than in any other market in the Gulf region, with the exception of...
Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.
Register now and also receive a complimentary 2-month licence to the OBG Research Terminal.
Register Here×