By 2025 Middle East Outbound Market is expected to flourish at $165 bn

Published on : Wednesday, March 15, 2017

globeBy the year 2025, total costs on outbound travel from the Middle East are likely to reach $165.3 billion as predicted by the World Travel and Tourism Council.

In another report presented by the United Nations World Tourism Organization (2015 Tourism Highlights), along with research teams from Frost & Sullivan and Insights Middle East, considering the upbeat outbound travel market highlighted that in 2015 there was 9 percent growth in outbound travelers from the region, while in 2014 the total estimated value of outbound travelers from the GCC in 2014 was $64 billion.

International luxury travelers were a common denominator for both of the above reports, which mention the launch of International Luxury Travel Market (ILTM) Arabia, in association with Arabian Travel Market (ATM). On April 24th and 25th, the new vertical luxury events will take place on the first two days of the four-day ATM (April 24-25) situated in Hall no. 1 of the Dubai World Trade Centre.

To quote Alison Gilmore, Portfolio Director for ILTM, ‘’ The Arabian outbound market is established and affluent, with a growing generation of individuals looking to spend their leisure time in the world’s finest places. This year we are inviting some of our closest partners to experience the new ILTM Arabia and explore the increasing business opportunities from the region’s highest net worth travelers.’’

Tags: ,

Leave a Reply

Your email address will not be published. Required fields are marked *


You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

arrow2Follow TTW
facebook-logo  twitter-logo  LinkedIn_logo  stumbleupon-logo   rss_logo 
ttw_blogger_logo  ttw_blogger_logo  ttw_blogger_logo


  • 02 WTM London 2018
  • 03 imexamerica 2018
  • 03 ITB Asia 2018
  • 09 ttfotm 2018
  • 10 Astana leisure 2018
  • 11 lodgingconference 18
  • 11 ttgincontri 2018
  • 12 plannersxtraordinaire 2018
  • 13 aite 2018
  • 13 bitf 2018
  • 14 Global Wellness Summit 2018
  • 14 SATTE 2019
  • 14 traveltechme 2018
  • 18 hospitalityqatar 18
  • 18 Hotel Management Asia Summit 2018
  • 19 bricsaconsulting 2018
  • 20 CITE_TTW 2018
  • 20 sahicsouthamerica 2018
  • 30 PATA


Get our toolbar!
Review on