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Tourism to pump $44bn into GCC economiesThe total direct contribution of travel and tourism to the GDP in GCC countries is expected to reach $44 billion this year, up 27 per cent from 2009, the peak of the financial crisis in the Gulf, said a report ahead of a major trade event in Dubai More… |
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Oman tourism ‘set to grow at 2.4pc of GDP’Oman’s tourism industry will grow from 1.5 per cent of total GDP in 2010 to 2.4 per cent of GDP by 2020, said a new report. Oman’s contribution to the economy by tourism-related activity is also expected to increase from 7.6 per cent of GD More… |
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UNWTO predicts stagnant tourism growthThe World Tourism Organisation (UNWTO) and the World Travel & Tourism Council (WTTC) have forecast stagnant growth in global tourism. The WTTC expects a downward shift in global Travel and Tourism Economy GDP contribution to one per ce More… |
