Travel and Tourism in the
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Synopsis
The
report provides detailed market analysis, information and insights, including:
Historic
and forecast tourist volumes covering the entire travel and tourism sector in
the UAE
Detailed
analysis of tourist spending patterns in the UAE for various categories in the
travel and tourism sector, such as accommodation, sightseeing and
entertainment, foodservice, transportation, retail, travel intermediaries and
others
Detailed
market classification across each category, with analysis using similar metrics
Detailed
analysis of the airline, hotel, car rental and travel intermediaries industries
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Summary
The UAE’s travel and tourism sector performed significantly
well during the review period (2009–2013) with overall growth in domestic,
international and outbound tourism. The main factors for tourism growth were
government initiatives and continuous efforts to promote country’s travel and
tourism on both the domestic and international levels. Researcher expects the
travel and tourism sector to continue to grow over the forecast period
(2014–2018) supported by government’s significant efforts to promote tourism,
develop tourism infrastructure, and participate in international events and
promotional campaigns in key source countries such as the UK, the US, Russia
and Germany, and emerging countries such as India and China.
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Scope
This
report provides an extensive analysis related to the tourism demands and flows
in the UAE:
It
details historical values for the UAE's tourism sector for 2009–2013, along
with forecast figures for 2014–2018
It
provides comprehensive analysis of travel and tourism demand factors, with
values for both the 2009–2013 review period and the 2014–2018 forecast period
The
report provides a detailed analysis and forecast of domestic, inbound and
outbound tourist flows in the UAE.
It
provides comprehensive analysis of the trends in the airline, hotel, car rental
and travel intermediaries industries, with values for both the 2009–2013 review
period and the 2014–2018 forecast period.
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Key highlights
The
UAE is a federation of seven independent states, Abu Dhabi, Ajman, Fujairah,
Ras al-Khaimah, Dubai, Sharjah, and Umm al-Quwain, each with its own distinct
tourism offerings. According to the United Nations World Tourism Organization
(UNWTO) report in 2013, Dubai and Abu Dhabi were leading destinations in terms
of numbers of tourist arrivals to the UAE in 2013. Total tourism revenue in
Dubai for the first nine months of 2013 increased by 17.1% over 2012, reaching
AED15.3 billion (US$ 4.1billion) in 2013.
International
arrivals were the major contributor to the UAE’s tourism sector, with total
inbound tourism expenditure recorded at AED37.1 billion (US$10.1 billion) in
2013, compared to domestic tourism expenditure of AED24.1 billion (US$6.5
billion) in the same year. International tourist arrivals were also higher, at
12.4 million, than the domestic tourist volume of 7.2 million in 2013.
Domestic
tourist volumes in the UAE increased from 5.9 million in 2009 to 7.2 million in
2013, at a review-period CAGR of 5.01%. The growth can be attributed to a rise
in disposable income due to the country’s growing economy and improved domestic
tourism focus. Shopping is an especially important attraction for domestic
travel. Dubai, the most popular destination for domestic tourists, is mainly
visited for shopping purposes.
International
arrivals to the UAE during the review period recorded a CAGR of 8.05%, with
inbound tourist volumes increasing from 9.2 million in 2009 to 12.4 million in
2013. Inbound tourist expenditure also increased from AED26.3 billion (US$7.1
billion) to AED37.2 million (US$10.1 billion), at a CAGR of 9.07%. The growth
in international arrivals and expenditure can be attributed to efforts by the
UAE government to promote tourism in Dubai especially, as it is the main
destination for 88% of international visitors.
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