Economy Middle East’s Post

Impressive and informative guidebook on the booming Tourism sector in Saudi.

Rabat’s tourism sector is experiencing a strong year in 2024, marked by a notable increase in overnight stays. According to the Tourism Observatory, the number of overnight stays in classified tourist accommodation establishments (EHTC) rose by 4% during the first ten months of the year.  By the end of October, the Moroccan capital had recorded 713,566 overnight stays, surpassing the 683,910 stays recorded during the same period in 2023, the observatory indicated. read more: t.ly/qHUDP #morocco #world #news #rabat #tourism #mwn #moroccoworldnews

Morocco’s tourism industry is celebrating a major milestone, with 15.9 million visitors recorded by the end of November 2024 - marking a 20% increase compared to the same period in 2023, according to the tourism ministry. Read - https://lnkd.in/dY9bqpwD #Africa #tourism #travelandtourism #Morocco #industry

The UAE’s safe environment is a key factor in attracting tourists and boosting domestic tourism, which significantly contributes to the national economy’s growth! Let’s all be part of this growth by supporting local tourism to build a brighter future. #MinistryOfEconomy #TourismInUAE #WorldsCoolestWinter #TourismAndEconomy

Morocco’s #tourism industry is surging in 2024, with a 12.8% increase in tourist arrivals in the first quarter compared to the same period last year. According to the Directorate of Studies and Financial Forecasts (DEPF), tourist arrivals reached 3.3 million by the end of March, exceeding pre-pandemic levels by a significant 31.6% compared to the first quarter of 2019.

Where Does Egypt Stand in the Travel and Tourism Competitiveness Index? In this special edition of "Views on News," examine Egypt's ranking in the Travel and Tourism Competitiveness Report released by the World Economic Forum last week. The report, published biennially, analyzes the strengths of economies that are key travel and tourism destinations, as well as areas needing improvement. The report's release in Egypt is in collaboration with the Egyptian Center for Economic Studies, the forum's sole research partner in Egypt, which was responsible for collecting some of the country's economic data. To read the latest issue of "Views on News" and discover the main findings of the report, follow the link below 👇 https://lnkd.in/dX7_my8x #views_on_news #von #the_egyptian_center_for_economic_studies #world_economic_forum

Tourist spending in #SaudiArabia reached approximately SR150 billion ($40 billion) in the first half of 2024, reflecting a 10 percent increase in both traveler numbers and #expenditure compared to the same period the previous year, as revealed by a top minister. At a conference convened to review the 2024 #summertourism program, the Kingdom’s Minister of Tourism Ahmed Al-Khateeb reiterated that his country will launch a tourist visa next month to attract more international visitors and bolster the sector’s growth. This comes as Saudi Arabia has set an ambitious target to host 150 million tourists annually by 2030, underscoring its commitment to transforming the Kingdom into a premier global tourism destination. https://lnkd.in/emcavbk5 #tourism #Tourisminsights #pakistan #tourismindustry #AtharJ #ecotourism #sustainabletourism #sustainability #sustainabledevelopment #tourismmarketing #60seconds 

Türkiye witnessed a 13.9% annual rise in visitor numbers during the first half of 2024 to 26.1 million. Tourism revenues during the same period rose 9.3% to $23.7 billion. The Turkish Ministry of Culture and Tourism recently announced Türkiye’s 2024 first-half results revealing that the average daily expenditure per visitor reached $98. Mehmet Nuri Ersoy, Minister of Culture and Tourism, said that the first six months’ results confirmed Türkiye’s commitment to its year-end target of 60 million visitors and $60 billion in revenues. Read more: https://lnkd.in/gfJzzJj7 #Türkiye #TürkiyeTourism #Tourism #Turkey

#Morocco has crowned itself #Africa's most-visited destination, welcoming 17.4 million tourists in 2024—just a year after a deadly earthquake struck near its star destination, #Marrakesh. The milestone gives Morocco an edge over #Egypt, which had long led the continent in tourism. Egypt also broke its own record, attracting 15.7 million visitors in 2024, but it wasn't enough to hold on to first place. Tourism revenue in Morocco also hit a new high in 2024, reaching $11 billion, up from $10.5 billion the previous year, according to the Ministry of Tourism. https://lnkd.in/dm2zXzDB #tourism #Tourisminsights #pakistan #tourismindustry #AtharJ #ecotourism #sustainabletourism #sustainability #sustainabledevelopment #tourismmarketing #60seconds 

🟠 Travel & Tourism Development Index ### 🔸 The Travel & Tourism Development Index (TTDI) 2024 is the second edition of an index that evolved from the Travel & Tourism Competitiveness Index (TTCI) series, a flagship index of the World Economic Forum that has been in production since 2007. 🔸 The TTDI is part of the Forum’s broader work with industry and government stakeholders to build a more sustainable, inclusive, and resilient future for economies and local communities. 🔸 Below are the top 10 performers on Infrastructure and Services dimension pillars. 🔴 The Travel and Tourism sector is very critical within the Arab Countries growth plans. Growth in this sector increases Employment Percentage and supports Local/National Currencies.