{"id":628688,"date":"2018-05-10T04:21:23","date_gmt":"2018-05-10T04:21:23","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/10\/growing-tourism-in-the-mena-region\/"},"modified":"2018-05-10T04:21:23","modified_gmt":"2018-05-10T04:21:23","slug":"growing-tourism-in-the-mena-region","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/10\/growing-tourism-in-the-mena-region\/","title":{"rendered":"Growing tourism in the MENA region"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-08\"><\/a> <strong>MENA tourism could grow to a USD 350 bn industry by 2027,<\/strong> mainly driven by the leisure and religious tourism sectors, according to <a href=\"https:\/\/www.zawya.com\/mena\/en\/story\/The_Middle_East_Travel__Tourism_Industry_Expected_to_Near_350bn_by_2027-ZAWYA20180509154243\/\">MENA Research Partners (MPR)<\/a>. In 2017 alone, leisure tourism generated nearly USD 115 bn to the region, with Dubai being ranked as the sixth most visited city in the world. The region also has high demand for religious tourism, with mns of pilgrims flocking to Saudi Arabia each year for Hajj and Umrah. The growing numbers can also be attributed to the rise of online booking for tickets and tours.<\/p>\n<p><strong>The Middle East is also becoming the fastest growing market for medical and business tourism.<\/strong> \u201cIncreasing healthcare costs in Western countries are the primary drivers of this growth,\u201d says Hobeika, adding that the UAE attracts most medical tourism due to its large network of international hospitals. Egypt and Lebanon are also on the rise as destinations for medical tourism destinations due to advanced medical markets and affordable pricing.<\/p>\n<p><strong>The GCC has been the biggest beneficiary of the \u201cterror slump\u201d. <\/strong>\u201cThe geopolitical situation in the Middle East since 2012 has reshaped the flow of the industry. Tourism within the MENA region, especially from Egypt and Lebanon, is now redirected toward UAE, Oman and Jordan,\u201d says MPR CEO Anthony Hobeika. Despite the political turmoil, Hobeika expects the industry to have an \u201cimpressive rebound.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MENA tourism could grow to a USD 350 bn industry by 2027, mainly driven by the leisure and religious tourism sectors, according to MENA Research Partners (MPR). In 2017 alone, leisure tourism generated nearly USD 115 bn to the region, with Dubai being ranked as the sixth most visited city in the world. The region [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":628689,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9272],"tags":[72,1510],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-628688","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-macro-picture","tag-enterpriseam","tag-the-macro-picture","wpautop","entry"],"acf":{"mongo_id":"5c7d9a2f-7225-47f0-b9e5-5791732de620","order":"0","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2018\/5\/410.jpg","photo_position":"above","related_issue":[628667],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Growing tourism in the MENA region - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/10\/growing-tourism-in-the-mena-region\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Growing tourism in the MENA region\" \/>\n<meta property=\"og:description\" content=\"MENA tourism could grow to a USD 350 bn industry by 2027, mainly driven by the leisure and religious tourism sectors, according to MENA Research Partners (MPR). In 2017 alone, leisure tourism generated nearly USD 115 bn to the region, with Dubai being ranked as the sixth most visited city in the world. 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Some\u2026","rel":"","context":"In &quot;THE MACRO PICTURE&quot;","block_context":{"text":"THE MACRO PICTURE","link":"https:\/\/enterpriseam.com\/egypt\/category\/the-macro-picture\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/7\/325.png?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":573229,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/26\/mena-gdp-to-crash-5-7-this-year-un\/","url_meta":{"origin":628688,"position":1},"title":"MENA GDP to crash 5.7% this year -UN","author":"enterpriseam admin","date":"26 July 2020","format":false,"excerpt":"It\u2019s not looking pretty for MENA economies if this UN report is anything to go by: MENA economies are expected to contract by a collective 5.7% this year because of the covid-19 pandemic, according to a UN report (pdf) released on Thursday. This would represent an overall loss of USD\u2026","rel":"","context":"In &quot;THE MACRO PICTURE&quot;","block_context":{"text":"THE MACRO PICTURE","link":"https:\/\/enterpriseam.com\/egypt\/category\/the-macro-picture\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/7\/203.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":591572,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/10\/egypt-is-a-top-growing-tourism-market-in-the-mena-region-this-year-say-operators\/","url_meta":{"origin":628688,"position":2},"title":"Egypt is a top-growing tourism market in the MENA region this year, say operators","author":"enterpriseam admin","date":"10 December 2019","format":false,"excerpt":"Egypt \u2014 especially Sharm El Sheikh \u2014 is one of the top-growing tourism markets in the MENA region this year, Colliers International MENA senior manager James Wrenn tells Hotelier Middle East. Egypt saw 22.6% y-o-y revenue per available room (RevPAR) growth in 3Q2019, STR Global data showed. According to Colliers,\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":555007,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/11\/28\/egypts-remittance-inflows-on-track-to-hit-record-high-this-year-outpace-mena-peers\/","url_meta":{"origin":628688,"position":3},"title":"Egypt\u2019s remittance inflows on track to hit record high this year + outpace MENA peers","author":"enterpriseam admin","date":"28 November 2021","format":false,"excerpt":"Remittance inflows to Egypt are on course to hit a record high this year as higher oil prices and the global economic recovery fuel an increase in transfers. Transfers from Egyptians abroad are projected to increase almost 13% to USD 33 bn this year, making Egypt one of the world\u2019s\u2026","rel":"","context":"In &quot;THE MACRO PICTURE&quot;","block_context":{"text":"THE MACRO PICTURE","link":"https:\/\/enterpriseam.com\/egypt\/category\/the-macro-picture\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/11\/241.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":562564,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/30\/hotel-occupancy-rates-decline-in-1q2021-and-you-can-thank-the-high-base-effect\/","url_meta":{"origin":628688,"position":4},"title":"Hotel occupancy rates decline in 1Q2021, and you can thank the high base effect","author":"enterpriseam admin","date":"30 May 2021","format":false,"excerpt":"Hotel occupancy rates fell in 1Q2021, with four of Egypt\u2019s tourist hotspots seeing declining figures from the same period last year, according to a Colliers International report (pdf) on hotels in the MENA region.Hotels in Red Sea resorts were the hardest hit: Occupancy rates in Sharm El Sheikh fell 33%\u2026","rel":"","context":"In &quot;Tourism&quot;","block_context":{"text":"Tourism","link":"https:\/\/enterpriseam.com\/egypt\/category\/data\/tourism\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/5\/264.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":567523,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/26\/egypt-hotel-revenue-to-grow-5-13-this-year-colliers-international\/","url_meta":{"origin":628688,"position":5},"title":"Egypt hotel revenue to grow 5-13% this year -Colliers International","author":"enterpriseam admin","date":"26 January 2020","format":false,"excerpt":"Egyptian hotels in Cairo, Alexandria, Sharm El Sheikh and Hurghada will see their average revenue per available room (RevPAR) rise by 5-13% in 2020, according to a Colliers International report picked up by the local press. 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