Nordic tourism to GCC estimated worth US$810 million by 2024 - ATM | Daily News


 

Nordic tourism to GCC estimated worth US$810 million by 2024 - ATM

Nordic tourists travelling to the GCC from Denmark, Norway, Sweden, Finland and Iceland, are expected to generate an estimated US$810million in travel and tourism revenue by 2024, according to data published ahead of Arabian Travel Market 2020, which takes place at Dubai World Trade Centre from 19-22 April 2020.

The latest Colliers International research, commissioned by Reed Travel Exhibitions, the organiser of Arabian Travel Market, predicts the UAE will witness the highest growth, with total tourism spend by Nordic visitors projected to reach US$718 million by 2024, an increase of 36% when compared with figures from 2018 and tourism spend per trip to reach US$2,088.

Building on this, Saudi Arabia is expected to witness the second largest increase followed by Bahrain, with total Nordic tourism spend estimated to reach US$86,670,000 and US$53,000,000 respectively, by 2024.

Danielle Curtis, Exhibition Director ME, Arabian Travel Market, said: “The Nordic countries’ outbound tourism market has experienced incremental growth over the last five years, with 50.5 million overseas visits made by residents during 2018 alone.

 


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