JSB Market Research : Travel and Tourism in the UAE to 2018

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 Travel and Tourism in the UAE to 2018
Released On 5thJuly 2014

Synopsis
The Travel and Tourism in the UAE to 2018 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 Executive 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. Timetric 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.

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.

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...
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