Friday 29 March 2024
 
»
 
»
Story

Abu Dhabi cruise tourism spending to hit $113m

ABU DHABI, December 14, 2016

Abu Dhabi’s cruise tourism sector is on course for exponential expansion, with total direct spending from the sector expected to reach Dh417 million ($113.5 million) by 2020.

An economic impact and forecasting report by Oxford Economics, commissioned by TCA Abu Dhabi, Abu Dhabi Ports and Etihad Airways, indicates that the new projections mark a 71 per cent increase from the Dh244 million ($66.4 million) spent in 2015, with the figure expected to reach Dh745 million ($202.7 million) by 2025.

The report also signaled that the Abu Dhabi cruise tourism segment achieved a compound annual growth rate (CAGR) of 10.7 per cent in the last five years, and forecasts further sustained growth at a 10.5 per cent CAGR to reach a total of 450,000 cruise passengers by 2020, rising to 808,428 in 2025.

Abu Dhabi’s burgeoning cruise season will witness three Abu Dhabi originating cruise departures, 10 new ‘maiden’ callers and nine regional rotational callers for the forthcoming season – both the highest ever recorded.

“Our strategic intervention is supporting Abu Dhabi’s cruise indusrty, and we will continue to build on the significant achievements in the development of Abu Dhabi’s cruise sector by building capacity through effective partnership in the development of our cruise tourism economy,” said Saif Saeed Ghobash, director general, Abu Dhabi Tourism & Culture Authority (TCA Abu Dhabi).

This season, Abu Dhabi is set to welcome over 250,000 passengers from 137 calls by 26 ships – an increase of 21 per cent over last year – in a season which runs until early June 2017. - TradeArabia News Service




Tags: Passenger | numbers | boost | Cruise | Abu | Dhabi |

More Travel, Tourism & Hospitality Stories

calendarCalendar of Events

Ads