Hospitality Qatar 2017
 
Tuesday, May 23, 2017
Directory Directory Subscribe
Login
 

Qatar tourism receipts forecast to grow to $7.2 billion by 2025

 
 

Please, enter data

Please, enter data

Arabian Business, 18 February 2016

Qatar's tourism receipts are forecast to grow to $7.2 billion by 2025 as the Gulf state looks to diversify its economy away from oil and gas over the next decade.

The country's tourism sector is set to grow annually by 4.7 percent after travel and tourism is estimated to have contributed $4.6 billion for 2015, a rise of 7.3 percent over the previous year.

Qatar's tourism industry is building momentum as it enters the second half of the decade, with an ambitious target of four million visitors by 2020, supported by $40-45 billion worth of sector investment under the country's National Tourism Sector Strategy 2030 plan.

The Gulf state returns to the Arabian Travel Market this year to showcase its expanding hotel and tourism infrastructure pipeline following a successful 2015 with visitor numbers in the first nine months of 2014 growing to reach 2.2 million as booming air connectivity which saw Hamad International Airport exceed forecasted capacity of 30 million passengers last year.

"Qatar is working towards its strategic goal of positioning itself as a 'world-class hub with deep cultural roots', by creating a high profile product that will appeal to all market segments from cultural tourists and families to sports fans and business travelers," said Nadege Noblet-Segers, exhibition manager, Arabian Travel Market.

Reports suggest the addition of 11 new hotel properties with a total of 1,400 rooms to the market in 2015 as part of its commitment to reach 50,000 additional rooms by the 2022, when it will host the FIFA World Cup.
Official statistics tally current hotel room capacity at 17,900 keys, 84 percent of which is four and five-star accommodation.

"As we are seeing in other GCC countries, an increasingly diversified tourism portfolio requires an equally broad hospitality offering, looking at both the luxury and mid-range categories, which is something that we are focusing on this year at ATM with midmarket travel our spotlight theme," said Noblet-Segers.

"This is responding not only to the needs of the more budget-conscious traveler, but those for whom quality and experience-led travel doesn't necessarily have to mean a five-star price tag," she added.
Arabian Business
18 February
 

  COMMENTS
Login to Add Your Comment  (for subscribers) | Subscribe

 

Latest News

A.W. Salah Nsouli: Fostering Lebanese - Italian relations since 1977
LebItalia, 22 May 2017

A.W. Salah Nsouli is a general trader, contractor, manufacturer of facilities in different fields of industry, supplier and contractor ...

Read full story
A.W. Salah Nsouli: Fostering Lebanese - Italian relations since 1977
IFP Group inaugurates the 10th edition of Beirut Boat
ifpinfo, 22 May 2017

Under the High Patronage of His Excellency, the President of the Lebanese Republic, General Michel AOUN, the 10th edition of Beirut Boat 2017 was officially ...

Read full story
IFP Group inaugurates the 10th edition of Beirut Boat
Back to Home Page 2447 --- 385 <><><> 936.83333333333.....exvideo=0....eximage=0
P 0
BR 18

Future Interiors Qatar 2017

 

 
Solar O&M South Africa
5 - September 2017
4th Annual Future Interiors Qatar
25 - September 2017
3rd Annual LightingTech Egypt
25 - September 2017
Electric Vehicles UAE
26 - September 2017
3rd Annual Smart Parking UAE
27 - September 2017
 
  View more  

Market Indecies
 
Saudi SE - 2.32%
Dubai FM - 4.53%
Abu Dhabi SE - 3.99%
Kuwait SE - 1.51%
Doha SM - 8.36%
Muscat SM - 6.18%
Casablanca SE Closed
Bahrain SE - 0.98%
Cairo SE Closed
Amman SE - 1.12%
 

Future Landscape & Public Realm Qatar 2017

Quick Links
  Reports  
  Articles  
  Brochures & Flyers  

Up-coming events
  Hospitality Qatar - 7 November - 9 November 2017  
  Project Qatar - 7 May - 10 May 2018  
IFP Group Events Calendar

 


Magazine sections
  Finance  
  Zoom  
  Growth Markets  
  Regional Overview  
  Editorial  
  Tips and Tricks  
  Spotlight  
  Home Finance  
  Our Meetings
 
  Focus
 
  News
 
  Legal Issues
 

 

               
IFP Corporate
• IFP Emirates
• IFP Lebanon
• IFP Qatar
• IFP Iraq
• REC Saudi Arabia
• IFP China
Lebanon
Qatar
Hospitality Qatar
Project Qatar
Iraq
Energy Iraq - Erbil
Erbil International Fair
Iraq Agro-Food - Erbil
Project Iraq Erbil
Saudi Arabia
Riyadh Motor Show
 
 
  IMC
IFP Group 2017 - © All rights reserved