The Arabian Travel Market (ATM) 2024 in Dubai shed light on the thriving tourism industry in the Gulf region, with a focus on collaboration, infrastructure development, and inter-regional travel. The event saw policymakers discussing ways to streamline the industry, with a particular emphasis on the UAE’s growing contribution to the economy.
H.E. Abdullah bin Touq Al Marri, the UAE Minister of Economy, highlighted the significant impact of the tourism sector on the Emirates’ economy. According to the World Travel & Tourism Council (WTTC), the sector contributed 11.7% to the GDP in 2023, amounting to AED 220 billion. The forecast for 2024 is even higher, with an anticipated contribution of 12% to the GDP, equating to AED 236 billion.
The panel discussion at ATM 2024 included key figures from the tourism industry in the Gulf, such as H.E. Khalid Jasim Al Midfa, H.E. Fahd Hamidaddin, H.E. Azzan Al Busaidi, and H.E. Sarah Buhijji. They discussed the importance of inter-regional initiatives in elevating the GCC tourism industry, emphasizing collaboration and competition between destinations and nations.
One of the key topics of discussion was the planned GCC Unified Tourist Visa, which aims to present the region as a connected destination, boosting accessibility and driving key performance indicators such as length of stay, average spend, and employment. The panelists also highlighted the role of infrastructure development, including investments in airports, cruise terminals, and the upcoming GCC Railway, in enhancing accessibility for visitors.
Overall, the discussions at ATM 2024 showcased the potential for the Gulf region to become a leading tourism destination through collaboration, innovation, and sustainable practices. The event continues to attract industry leaders and experts, providing valuable insights into the future of tourism in the region.