Dubai – Mubasher: A Arab Travel Market is expected to increase the number of Indian tourists who come to the EPA over the next five years to around 9 million Indians, resulting in 10.8 million additional hotel evenings.
According to data from the 2019 Arab Travel Market, held at the Dubai World Trade Center from April 28 to May 1, 2019, the latest research published by Colliers International predicts that around 9 million Indians will travel to & # 39; the EPA by 2022.
The figures, which account for 37% of the total number of people traveling overseas, are in line with the increasing demand for jobs and recreational activities.
The World Tourism Organization says in its latest report that the number of Indian tourists traveling around the world will reach 22.5 million in 2018.
It is expected that the figure will increase 122 per cent to more than 50 million by 2022.
Indian tourists are among the most tourists around the world who spend all overseas destinations, with spending expectations rising from $ 23 billion in 2018 to $ 45 billion by 2022.
Daniel Curtis, Managing Director of the Middle East Arab Travel Market said: "Despite the recent weakness of the Indian Rupee, who has lost around 14 percent of its worth against US dollar in the past 12 months, Indian tourism continued overseas to grow. "
"The Indian tourism market has recorded an average annual growth rate of between 10 and 12 percent over the past seven years," he said.
The countries of the Gulf Cooperation Council (EPA) have benefited from the increasing number of Indian travelers and their spending capabilities, supported by 7% GDP growth, new recreation projects in the EPA, and increasing business opportunities and accessibility for the visa for Indian nationals.
In 2017, the United Arab Emirates received 2.3 million Indian tourists, representing 13% of total annual visitors, and are expected to grow in CAGR from 7% in 2022.
India also stayed on the source of tourism markets for Dubai. More than one million Indian tourists arrived at the emirate in the first half of 2018, about 3% higher than the same period of 2017.
Saudi Arabia will see a growth of 7 per cent, while the rest of the GCC countries – Oman, Kuwait and Bahrain – will see a 6 per cent increase between 2018 and 2022, according to Colliers International, an official Arab Travel Market research partner.
The 2019 Arab Travel Market will focus on innovative technology and innovation to form the main themes and will be discussed widely in pavilions and exhibitors and beyond, including seminars and panel discussions. Includes prominent exhibitors.
The Arab Travel Market, the main driver of growth and growth of the Middle East and North African tourism industry, welcomed over 39,000 people in the 2018 edition.
The largest hotel participation in its history was recorded in 20% of the total area of the exhibition.