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FINANCIAL NEWS
Tourism in GCC expected to grow 47.4 percent by 2016
29 Sep 2013
(MENAFN) The hospitality sector in the Gulf Cooperation Council (GCC) is projected to increase by 47.4 percent by 2016, Saudi Gazette reported.
The tourism sector is expected to increase from USD19.2 billion in 2011 to USD28.3 billion by 2016.
Alifiya Sura at Omnix International said: “We’ve seen a tremendous increase in the demand from the hospitality and tourism sector in the MENA region upgrading their IT infrastructure.”
According to a VISA survey, 65 percent of global travelers carry their smartphones with them, and 54 percent take their computers.
More News
13 Apr 2026
BBK launches the Youth Advisory Council (YAC) to empower youth and advance innovation
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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