According to ATM’s analysis companion, Colliers International, as several as eight.3mn EU residents will travel to the GCC in 2023, an further 1.9mn travellers when compared to the 2018 arrival figures. Figures from ATM 2018, show the quantity of delegates arriving from Europe elevated 5 per cent among 2017 and 2018, although the quantity of delegates, exhibitors and attendees interested in carrying out company with Europe elevated by 24 per cent.
Danielle Curtis, exhibition director ME, Arabian Travel Market, stated, “Historically, Europe and the GCC have enjoyed superb travel and tourism hyperlinks and this trend is set to continue more than the subsequent 4 years.
“The UAE and Saudi Arabia are expected to continue to be the preferred GCC destinations for European tourists, welcoming a projected 6.15mn and 1.11mn visitors respectively by 2023. Oman will follow with 720,000 visitors, while Bahrain will welcome 310,000 and Kuwait 140,000.”
Looking at the outbound marketplace prospective, GCC travel to EU nations is anticipated to develop by 50 per cent, with 6mn GCC residents projected to pay a visit to Europe by 2023.
The Colliers information indicates that Saudi Arabia will lead this development with two.98mn Saudi residents travelling to Europe in 2023, followed by 1.73mn UAE residents, 600,000 Kuwaitis, 340,000 Bahrainis and 210,000 Omanis.
While element of this development can be attributed to the UAE and Saudi Arabia’s big expatriate populations, GCC nationals are no strangers to European destinations, its culture and history – as effectively as its retail and luxury hospitality offerings.
Danielle stated, “Saudi Arabia is predicted to retain its position as the largest outbound travel market destination in the GCC, with an additional 1.2mn trips forecasted per year by 2023 – a 70 per cent growth on the 2018 trips. Driving this growth will be the rising spending power of both millennials and females in the kingdom.”
According to the Colliers analysis, the UK, France, Switzerland and Sweden will be the leading European destinations for GCC nationals to pay a visit to, with the UK anticipated to account for 890,000 trips by 2023.
Information Source: Muscat Daily