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Home International Customs Qatar

Qatar tourism receipts to reach $7.2bn by 2025

byCT Report
18/02/2016
in Qatar
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DOHA: Qatar’s tourism and hospitality 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 $40-45bn worth of sector investment under the country’s National Tourism Sector Strategy 2030 plan.

The Gulf state returns to Arabian Travel Market (ATM) 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 in Q3, representing a year-on-year increase of 7.7 percent, and booming air connectivity which saw Hamad International Airport exceed forecast capacity of 30 million passengers last year.

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According to a Q3, 2015 HVS report entitled ‘In Focus: Doha, Tracking Progress’, travel and tourism contributed $4.2bn, or 2 percent,  to the GDP in 2014, with a figure of $4.6bn forecast for 2015 (a rise of 7.3 percent).

“Looking further ahead, this is expected to grow annually by 4.7 percent, to reach $7.2bn in 2025 as Qatar works 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 travellers,” said Nadege Noblet-Segers, Exhibition Manager, Arabian Travel Market.

The HVS report notes 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. Kempinski Marsa Malaz Hotel, Banana Island Resort by Anantara and Melia Doha Hotel were a few of the brands to enter the market last year.

“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 traveller, but those for whom quality and experience-led travel doesn’t necessarily have to mean a five-star price tag,” she added.

The list of Qatari exhibitors at ATM 2016 include Katara Hospitality, Qatar Airways, Al Rayyan Hospitality, Qatar Tourism Authority and the Labbaik Group.

ATM 2016 will build on the success of this year’s edition with the announcement of an additional hall as Reed Travel Exhibitions looks to add to its record-breaking achievements earlier this year.

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