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Monday, July 10, 2017 - Dubai

GCC Tourism, Hospitality Sector Set to Reach $36.7bn by 2020

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Turkish tourism 2017 7 10 the gulf time pg3

Despite the short-term challenges posed by global macroeconomic factors across the GCC, the region’s tourism and hospitality industry remains on an upward trajectory as governments recognize the potential of the sector in enabling revenue diversification and job creation, and actively invest in its development.

Set to be worth $36.7 billion by 2020 according to Euromonitor International, and with a number of global events that include Expo 2020 Dubai scheduled to draw millions of visitors to the region, the industry is in critical need of a dedicated hospitality and foodservice platform to support its development.

More than 2,000 exhibitors will participate across DIHW, with GulfHost alone hosting 16 country pavilions and demonstrating the global importance of serving the region. Major countries include Italy, Spain, UK, France, Germany, Portugal, Turkey, Greece, China, Korea, Taiwan, India, Lebanon, Australia, Netherlands and Egypt.

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