Dubai – Mubasher: The Arab travel market is expected to increase the number of Indian tourists coming to GCC over the next five years to about 9 million Indians, resulting in another 10.8 million hotel nights.
According to data from the Arabian Travel Market 2019, which takes place at Dubai World Trade Center from April 28 to May 1, 2019, Colliers International's latest research predicts roughly 9 million Indians travel to GCC by 2022.
Data representing 37% of the total number of Indian passengers traveling abroad is in line with rising demand for jobs and recreational activities.
The World Tourism Organization, in its latest report, said the number of Indian tourists traveling around the world would reach 22.5 million in 2018.
The figure is expected to increase by 122 percent to over 50 million by 2022.
Indian tourists are among the most tourists around the globe spending a destination abroad, with the expectation that spending will rise from $ 23 billion in 2018 to $ 45 billion by 2022.
Daniel Curtis, Executive Director of the Arab Middle East Travel Market, said: "Despite the recent weakness of the Indian rupee, which has lost about 14% of its value over the US dollar in the past 12 months, Indian tourism abroad has continued to grow."
"The Indian tourism market has experienced an average annual growth rate of 10 to 12 percent over the last seven years," she said.
The Gulf Cooperation Council (GCC) benefited from an increasing number of Indian passengers and their spending capacities, backed by 7% GDP growth in India, new GCC leisure projects, and increased business opportunities and visas for Indian state members.
In 2017, UAE received 2.3 million Indian tourists, representing 13% of the total annual visitors, and is expected to grow at CAGR by 20% in 2022.
India has also remained on the list of source markets for tourism in Dubai. In the first half of 2018, more than 1 million Indian tourists arrived in the Emirate, up 3% over the same period in 2017.
Saudi Arabia will grow by 7 percent while the rest of the GCC – Oman, Kuwait and Bahrain – will increase by 6 percent between 2018 and 2022, according to Colliers International, the official research partner of the Arabian travel market.
Arabic Travel Market 2019 will focus on state-of-the-art technology and innovation, which are the main topics and will be widely discussed in exhibitors' pavilions and outside, including seminars and panel discussions involving leading exhibitors.
The Arabian travel market, which is the main driving force behind the growth and growth of the tourism industry in the Middle East and North Africa, welcomed more than 39,000 people in 2018.
The largest participation in their historic hotels was recorded at 20% of the total area of the exhibition.