Lewes, DE -- (SBWIRE) -- 07/31/2014 -- The Qatari travel and tourism sector is still developing. With 2.6 million inbound tourists, 66.0% of visits were for business purposes in 2013. The number of domestic trips increased from 409,954 in 2009 to 530,686 in 2013, while the number of international trips rose from 1.5 million in 2009 to 2.6 million in 2013 ? mostly due to tourists from Gulf Cooperation Council (GCC) countries. Since Qatari’s hold the highest GDP purchasing power parity (PPP) per capita in the world, outbound trips grew from 1.4 million in 2009 to 1.8 million in 2013. Tourism development over the forecast period (2014?2018) will be primarily driven by regional and international promotions, government efforts to develop tourism infrastructure and the expansion of flight routes by Qatar Airways.
The report provides detailed market analysis, information and insights, including:
- Historic and forecast tourist volumes covering the entire Qatari travel and tourism sector
- Detailed analysis of tourist spending patterns in Qatar 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 and hotel markets
This report provides an extensive analysis related to the tourism demands and flows in Qatar:
- It details historical values for the Qatari 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 forecasts of domestic, inbound and outbound tourist flows in Qatar.
- It provides comprehensive analysis of the trends in the airline and hotel markets, with values for both the 2009–2013 review period and the 2014–2018 forecast period.
Reasons to Buy
- Take strategic business decisions using historic and forecast market data related to the Qatari travel and tourism sector.
- Understand the demand-side dynamics within the Qatari travel and tourism sector, along with key market trends and growth opportunities.
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- Qatar’s government is focusing on improving tourism infrastructure, and plans to finish many projects by 2020 through an investment of US$210 billion. These infrastructural developments are part of the Qatar National Vision 2030 strategy which aims to diversify projects associated with the 2022 Fifa World Cup to stimulate economic growth.
- Domestic tourist volumes in Qatar increased by 29.5%, from 409,954 trips in 2009 to 530,686 trips in 2013. An increase in the disposable income of consumers supported the rising number of domestic trips taken by Qatari’s during the review period. Domestic tourism trips taken by residents are limited due to the size of the country.
- Since Qatar is a business-led tourism destination, business trips alone accounted for 66.0% of the total inbound tourism in 2013. The number of international arrivals to Qatar increased from 1.5 million in 2009 to 2.6 million in 2013. In addition to the increase in inbound tourist arrivals during the review period, inbound tourist expenditure also substantially rose at a review-period CAGR of 20.67%, to reach QAR10.4 billion (US$2.8 billion) in 2013.
- Outbound tourist volumes from Qatar grew, as the number of international trips rose from 1.4 million in 2009 to 1.8 million in 2013. Leisure emerged as the primary purpose for outbound travel, accounting for 70.1% of all outbound trips. An increase in the disposable income of consumers, new code-share agreements and the introduction of more flights by Qatar Airways encouraged outbound trips during the review period.
- The Qatari aviation market is expected to post a CAGR of 6.00% in revenue terms over the forecast period. The number of seats sold is projected to reach 21.9 billion in 2018, at a CAGR of 3.91%. The new HIA airport will support the market alongside the expansion of international routes, an increase in airline capacity and more codeshare agreements. Qatar is also well placed between developing continents such as Africa and Asia to take advantage of new business.
- Total hotel revenue is expected to post a forecast-period CAGR of 5.74%. Tourism infrastructure developments, large-scale hotel development projects, and more business related visitors will support the market. Qatar is slowly being transformed from a destination for business travelers to a leisure, luxury and cultural destination. The QTA’s promotional efforts and the 2022 Fifa World Cup are expected to aid its transformation.
Spanning Over 97 pages, “Travel and Tourism in Qatar to 2018” report covering the The Travel and Tourism Sector In Context, Country Fact Sheet, Tourism Flows, Airlines, Hotels, Tourism Board Profile, Airport Profiles, Company Profiles – Airlines, Company Profiles – Hotels, Market Data Analysis, Appendix. The report covered companies are - Qatar Airways Company Q.C.S.C., The Emirates Group, Dubai Aviation Corporation, Gulf Air Company G.S.C., Etihad Airways, Katara Hospitality, Doha Marriott Hotel, Retaj Hotels & Hospitality, InterContinental Doha Hotel, La Villa Group of Hotels.
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