Major tourism destinations in the GCC will increase efforts to target Indian and Chinese inbound tourists, as regional and international guests from Europe continue to feel the acute financial pressures of the challenging global economy.
The findings were published today (Monday, 24th April) by Colliers International at Arabian Travel Market, at Dubai World Trade Centre, during a seminar session entitled ‘Capitalising on Experiential Travel: China & India Mega Source Markets’.
Already key markets for the region, China counts an average of 122 million outbound tourists annually and India contributes 22 million, with overseas spending calculated to be US $252 billion and $15.4 billion respectively in 2015. China’s outbound tourism market is currently growing, on average, 6.7% year-on-year, while India’s market posts average annual growth of 7%.
Debrah Dhugga, managing director, Dukes London and Dukes Dubai, said: “The GCC is home to a number of globally-recognised tourist attractions and continues to draw visitors from all over the world as a result. As markets in Europe and other GCC countries continue to feel the pressure of low oil prices and depreciated currency rates, it is key that tourism bodies and private sector hospitality, travel and tourism brands continue to explore new markets.
“The growth seen from China and India has driven tourist arrivals across the region over the near past and we have seen this reflected in our recent guest profiles.”
The trend is largely proliferated by increasing levels of personal wealth and a demand for experiential travel.