Travel and tourism sector to contribute $34.12bln to Qatar's economy in 2025
According to the data the travel and tourism sector is expected to reach QR166.6bn by 2035.
With international visitors accounting for almost 90% of travel spending, and over 75% of all trips taken for leisure, Qatar is continuing to cement its place as an international favourite. The sector is set to support over 350,000 jobs in 2025, rising to more than 487,000 by 2035, WTTC noted.
Spending by international visitors is expected to increase significantly this year, forecasting a spending of QR 98.8bn in 2025, while domestic spend is projected to reach QR12.6bn this year.
Meanwhile the spending by international and domestic visitors is projected to reach QR144.7bn and QR16.7bn by 2035.
Qatar's tourism sector began 2025 with strong momentum, welcoming over 1.5 million international visitors between January and March.
This surge was driven by an integrated tourism strategy that combines high-profile events, strategic partnerships, and diversified destination experiences.
Visitors from GCC countries accounted for (36%), followed by Europe (28%) and Asia and Oceania (20%), reinforcing Qatar's growing appeal across varied markets.
Visitor arrivals by air (51%), land (34%) and sea (15%) highlight the effectiveness of Qatar's diversified access strategy.
Qatar reaffirmed its leadership in regional tourism by hosting the 51st UN Tourism Regional Committee for the Middle East, where discussions focused on harnessing Qatar's strengths in sports, innovation, and infrastructure to drive sustainable tourism across the region.
© Dar Al Sharq Press, Printing and Distribution. All Rights Reserved. Provided by SyndiGate Media Inc. (Syndigate.info).
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Zawya
7 hours ago
- Zawya
Pakistan looking to sell excess LNG amid supply glut curbing local gas output
Pakistan is exploring ways to sell excess liquefied natural gas (LNG) cargoes amid a gas supply glut that could cost domestic producers $378 million in annual losses, according to a presentation and a government official familiar with the matter. The country has at least three LNG cargoes in excess that it imported from top supplier Qatar and has no immediate use for, and is currently selling natural gas at steep discounts to local users, a second government official said. Power generation from gas-fired power plants, which has historically accounted for a lion's share of LNG use in the country, has declined for three straight years ended 2024, with cheaper solar power use dramatically gaining at the expense of gas-fired generation, data from energy think-tank Ember showed. That has forced domestic producers of the fuel to curb production. Pakistan is currently exploring the possibility of transferring LNG cargoes to rented tankers for "offshore storage and onward sale," state-owned oil and gas producer OGDCL said in a presentation to industry and government. "Excess LNG in the gas network has resulted in significant production operations impact for local exploration and production companies over last 18 months," OGDCL said, adding that it had forced curtailment of domestic supply. The domestic industry could suffer $378 million in losses over the next 12 months at the current rate of curtailment, according to the presentation dated May 29 reviewed by Reuters. It is not immediately clear if Pakistan's long-term LNG import contracts with QatarEnergy allows for a resale of cargoes. One of the government officials said the country was still exploring ways to do it. Qatar typically has a destination clause in long-term supply contracts with buyers that restrict where the cargoes can be sold. QatarEnergy did not immediately respond to a request seeking comment. Pakistan has already deferred five contracted LNG cargoes from Qatar without financial penalty, shifting delivery from 2025 to 2026, as the country grapples with surplus capacity. Pakistan's petroleum minister Ali Pervaiz Malik declined to comment on the presentation, but said renegotiating contracts with Qatar was a "complex" process that could take at least a year, and a final decision on initiating it had yet to be made. "While the existing contract with Qatar allows Pakistan to decline vessels, doing so incurs penalties and other complications," Malik told Reuters. The glut has stemmed from several gas-fired power plants, previously operating under must-run contracts, now being sidelined, Malik said. "It was expected that summer season will create extraordinary demand but the trend indicates the opposite," OGDCL said in the presentation. (Reporting by Ariba Shahid and Sudarshan Varadhan; editing by David Evans)
Khaleej Times
7 hours ago
- Khaleej Times
Qatar's economy grows 3.7% in the first quarter of 2025
Qatar's economy registered a real Gross domestic product (GDP) growth of 3.7 per cent in the first quarter of 2025, compared to the same period in 2024. Qatar News Agency (QNA) quoted the National Planning Council (NPC) as saying that GDP at constant prices reached 181.5 billion Qatari riyals in the first quarter of 2025, compared to 175 billion riyals in the same quarter of the previous year. Data issued by the National Statistics Centre highlighted the results of national efforts in strengthening the non-hydrocarbon economy, whose contribution constituted 63.6 per cent of real GDP for the first quarter, around 115 billion riyals, a growing share compared to the 62.6 per cent figure in the same period in 2024. The 5.3 per cent growth in the non-hydrocarbon economy during the first quarter of this year was driven by strong performances across key sectors, including manufacturing (up 5.6 per cent), construction (up 4.4 per cent), real estate (up 7.0 per cent), and wholesale and retail trade (up 14.6 per cent). Despite the volatility facing the global economy and its potential impact on oil and gas prices, growth in hydrocarbon activities continues, now accounting for 36.4 per cent of Qatar's real GDP, around 66 billion, with a growth rate of 1.0 per cent compared to the same period in 2024.
Sharjah 24
8 hours ago
- Sharjah 24
SEC regulates auction sale of special vehicle number plates
Government Performance Review The meeting discussed several agenda topics focused on monitoring the performance of government departments and entities, and developing the legislative framework to enhance government work and achieve integration across sectors in service of the community. Municipal Session Adjournment The council decided to conclude the first regular session of the twentieth annual term for municipal councils in the Emirate of Sharjah, with the session officially ending on Thursday, 8 Muharram 1447 AH, corresponding to July 3, 2025. During the period between sessions, the general committees of the municipal councils will continue handling their respective affairs. Vehicle Plate Auction The council has also implemented a decision to regulate the auction sale of special vehicle number plates in the Emirate of Sharjah. This regulation relates to plates designated by the Sharjah Police General Command. Under this decision, the Sharjah Police will organise and supervise the auctions, establish conditions and regulations, specify plate numbers and category codes, contract with specialised companies, and manage any additional tasks assigned by the Executive Council. Investment Funds Properties The decision stipulated that licensed investment funds registered with the Securities and Commodities Authority and listed in the investment funds register have the right to own and use real estate in the emirate in accordance with the regulations set forth in this decision, as follows: investment funds that are fully owned by UAE citizens or GCC nationals, as well as public investment funds, have the right to own real estate in all areas of the emirate and to use real estate in projects approved for usufruct sale. investment funds that include units owned by non-UAE citizens and non-GCC nationals have the right to own real estate in projects approved for sale to foreigners and to use real estate in projects approved for usufruct sale. Legal Provisions Included The decision also includes legal articles concerning ownership and usufruct conditions, investment fund registry, powers of the Real Estate Registration Department, fees, data updates, suspension of fund transactions, and trading of private fund units.
