Published on : Thursday, April 18, 2019
The Macau SAR’s dependence on tourism stood at just under 30% in 2017, grabbing the number three spot right after Cancún (49.6%) and Marrakesh (30.2%) respectively, according to a study conducted by the WTTC.
Cities including Orlando, Antalya, Las Vegas, Dubai and Bangkok were also part of the top 10.
The report features 72 major tourism cities estimates their proportion of gross domestic product and employment generated by the travel and tourism sector.
In case of Macau, approximately, 29.3% of the territory’s GDP can be attributed to the tourism sector. However, this is excluding the contribution made by the city’s casino industry, which would lift up the proportion significantly, if included.
Of the top 10 cities in term of international visitor spending, five were in the Asia-Pacific region. Dubai, ranking third globally ($23.6 billion), attracted a more diverse mix of visitors, with its top three source markets being India, Saudi Arabia and the U.K.
The WTTC report showed that the world’s most visited city in 2017 was Hong Kong, with 27 million international arrivals, followed by Bangkok, Macau and Dubai.
In terms of city growth performance, Macau is also one of the leading cities.