Russian visitors to GCC to boost 38% by 2020

The series of Russian tourists travelling to a GCC in 2020 is approaching to be 38% aloft than a attainment sum available for 2016, according to information published recently by Arabian Travel Market 2018, that takes place during Dubai World Trade Centre from Apr 22-25, 2018.

Looking during a mercantile drivers, a value of a Russian rouble is fast and firming gradually, helped by Russia’s preference to join OPEC and cut oil production, that has upheld an oil cost liberation to over $60 per barrel, while forecasts for 2018 put oil during an normal of $57 per barrel, a 5.6% boost over 2017.

Over a final 25 years, Russia has been good represented during ATM, with exhibitors including Moscow City Government, National Tourist Union and a city of St Petersburg. Russian visitors to a muster increasing 17% YoY between 2016 and 2017 and 9.4% of sum visitors final year were meddlesome in doing business with Russia.

Simon Press, Senior Exhibition Director, ATM, said: “Traditionally, a GCC has always been renouned with Russian tourists though over new years, we have witnessed some fluctuations in their attainment rates opposite a GCC, that was a thoughtfulness of sensitivity in a financial and appetite markets. As those factors start to steady, we are saying some-more and some-more Russian visitors arrive and we design this to continue.”

Russia’s links with a GCC strengthened in 2017 with a introduction of additional airline routes, visas on attainment in a UAE for Russians, a new era of convenience attractions, sell destinations and a extended operation of hotels and resorts right opposite a GCC region.

“An boost of 38% on 2016 attainment sum provides a poignant boost to a informal tourism attention and is upheld by a series of stakeholders, from immigration initiatives, to a region’s hotels, a FB venues, resorts, thesis parks and malls, that all interest to Russian visitors,” he continued.

Commissioned by ATM, forward of a 25th edition, a investigate investigate by Colliers International found that while a UAE will comment for a infancy of Russian arrivals, Oman will indeed knowledge a tip Compound Annual Growth Rate (CAGR), during 9.2%. Both countries eased visa mandate for Russian nationals in 2017, in line with their particular tourism strategies. The Colliers investigate also suggested UAE visitors to Russia were foresee to boost by 15% in 2018, compared to 2016, as Russia hosts a World Cup.

Already feeling a benefits, in a initial 3 buliding of 2017, Dubai reported a 98% year-on-year boost in a series of Russian arrivals, and a nation is one of a emirate’s tip 10 source markets. Further ancillary a demand, flydubai twice extended a Russian network in 2017, adding flights to Makhachkala, Voronezh and Ufa, and daily flights to a second airfield in Moscow – Sheremetyevo International.

With equal interest to business visitors, Dubai was named a many renouned Russian genuine estate investment end in 2016, driven by a emirate’s marketplace supply of off-plan oppulance properties.

Elsewhere in a UAE, Russian hotel guest arrivals increasing 41% in a initial entertain of 2017, according to Abu Dhabi TCA and Ras Al Khaimah, that available a 10% YoY boost in general arrivals in a initial half of 2017, Russia was a second largest source marketplace final year, with arrivals from a nation adult 84% YoY.

Despite a UAE and Oman heading analogous growth, Saudi Arabia is likely to declare an boost of during slightest 20% in Russian visitors to a dominion by 2020.

Press added: “Russia is once again branch to a GCC for a year-round sunshine, world-class hotels and resorts and fast-paced convenience and protected investment landscape.”

ATM 2018 has adopted Responsible Tourism as a categorical thesis and this will be integrated opposite all uncover verticals and activities, including focused convention session, featuring dedicated exhibitor participation.

ATM – deliberate by attention professionals as a barometer for a Middle East and North Africa tourism sector, welcomed over 39,000 people to a 2017 event, including 2,661 exhibiting companies, signing business deals value some-more than $2.5 billion over a 4 days.

Celebrating a 25th year, ATM 2018 will build on a success of this year’s edition, with a horde of convention sessions looking behind over a final 25 years and how a liberality attention in a MENA segment is approaching to figure adult over a subsequent 25.

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Posted by on Jan 14 2018. Filed under News. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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