War-torn Lebanon eyes economic rebound but reconstruction costs loom large and recovery hinges on reforms and presidential deadlock
Tourism
Latest in Tourism
Lebanon
Lebanon eyes Christmas tourism boost as ceasefire brings respite to millions of expats
The Christmas tourism boost, if sustained, could provide much-needed foreign currency inflows for a country whose currency has lost more than 90% of its value against the US dollar on the black market
China
UAE climbs to 6th in world for international tourist spending with $51.9bn receipts
UAE has become the sixth highest earning country for international tourism spending, China is world’s biggest spender
McKinsey
Global tourism industry sees massive shifts as Millennials, Gen Z prioritise travel, says new report
The report underscored the evolving global tourism landscape, characterised by a shift towards experiences, data-driven insights, and the growing influence of younger generations in shaping industry trends
Hospitality
Wego introduces WegoBeds, a hotel bedbank connecting Middle East hotels with Wego’s global partner network
WegoBeds bridges the gap between Middle East hotels and Wego’s global partner network and it is also the primary hotel supply source for Wego’s own online travel agency (OTA) and corporate travel businesses
Abu Dhabi
Dubai tops growth among world’s wealthiest cities as millionaire population soars
With over 72,000 resident millionaires today, Dubai’s rise testifies to its pro-business policies and welcoming stance towards capital, factors that will propel it up future rankings, an expert says
GDP
Tourism projected to account for 12% of UAE’s GDP in 2024
The planned GCC unified tourist visa is cited as a key facilitator for boosting tourism in the region
Abu Dhabi
UAE expects tourism sector to contribute over $64bn to GDP this year, says economy minister Al Marri
UAE tourism jobs are projected to rise to 833,000 in 2024
GCC
Germany records increase in GCC travellers by 15% in 2023
The GCC region ranked among the top three markets for arrivals, after US and China
Dubai
Dubai records 5.18m international visitors in three months
The highest number of overnight tourists came from the Western Europe region, accounting for 22 percent of the total growth
Hospitality
Saudi Arabia plans for 320,000 new hotel rooms by 2030 to meet surging tourism demand
Research reveals a major hospitality expansion is underway in Saudi Arabia as the country looks to attract 150 million visitors by 2030
Tourism
Travel and tourism sector to hit $11.1tn in 2024, 27m new jobs expected
Travel and tourism will provide 449m jobs and $16tn to global economy by 2034
Abu Dhabi
Department of Culture and Tourism – Abu Dhabi to deliver Tourism Strategy 2030 to ensure emirate’s sustainable growth as global tourism destination
Tourism Strategy 2030 will create 178,000 new jobs, increase hotel room supply to 52,000 and attract over 39 million visitors
Abu Dhabi
UAE residents: How to apply for a Morocco e-visa
With the newly introduced e-visa, visiting Morocco just became quicker and more convenient for UAE residents – here’s how you can apply