Thursday, May 8, 2025
Phonemantra
No Result
View All Result
  • Home
  • Mobiles
  • Tech News
  • Cars
  • Entertainment
  • USA News
  • Health
  • Cameras
  • Gaming
No Result
View All Result
  • Home
  • Mobiles
  • Tech News
  • Cars
  • Entertainment
  • USA News
  • Health
  • Cameras
  • Gaming
No Result
View All Result
Phonemantra
No Result
View All Result
Home Travel

Oman’s Tourism Industry Poised for Historic Growth in 2024 and Beyond

The World Travel & Tourism Council’s (WTTC) latest Economic Impact Research (EIR) paints a bright picture for Oman’s tourism industry in 2024 and the coming decade. With strong government backing and strategic initiatives, the sector is projected to not only recover from the pandemic but achieve record-breaking growth.

This article delves into the details of the WTTC report, exploring the current state of Oman’s tourism sector, its projected growth trajectory, and the factors contributing to this positive outlook.

Oman's Tourism Industry Poised
Oman’s Tourism Industry Poised

A Robust Recovery and Record-Breaking Projections

The WTTC report highlights a significant upswing in Oman’s tourism industry in 2023:

  • GDP Contribution Surges: The Travel & Tourism sector’s contribution to Oman’s GDP saw a remarkable 35% increase in 2023, reaching OMR 2.8 billion. This growth momentum is expected to continue, with projections indicating the sector’s GDP contribution surpassing previous records in 2024.
  • Job Growth on the Rise: The sector experienced a robust 15% increase in job creation in 2023, currently employing approximately 191,500 individuals nationwide. This trend is expected to persist, with forecasts predicting further job growth in the coming years.
  • Increased Tourist Spending: International visitor spending in Oman witnessed a dramatic 69% increase in 2023 compared to 2022, injecting OMR 1.1 billion into the economy. Domestic tourism also saw a significant rebound, with spending reaching OMR 1.4 billion.

These positive developments solidify Oman’s position as a leading tourist destination in the Middle East. Strategic government investments and support are credited with rejuvenating the tourism industry and setting the stage for continued growth.

Optimistic Outlook for 2024 and Beyond

The WTTC report forecasts a promising future for Oman’s tourism industry in 2024 and the coming decade:

2024 Projections:

  • GDP Contribution: The sector’s contribution to Oman’s GDP is projected to increase to over OMR 3.3 billion in 2024, representing 7.6% of the nation’s total economy.
  • Employment: Job creation is expected to continue, with forecasts predicting over 206,000 people employed in the tourism sector, translating to one in fourteen individuals working in this industry.
  • Tourist Spending: Domestic visitor spending is expected to reach OMR 1.5 billion in 2024, surpassing pre-pandemic levels. International visitor spending is also projected to climb steadily, albeit not reaching 2019 figures just yet.

Long-Term Outlook (2034):

  • GDP Contribution: By 2034, the sector’s annual contribution to Oman’s GDP is projected to reach OMR 5.4 billion, translating to 9.8% of the total economy.
  • Employment: The tourism sector is expected to employ over 265,600 people by 2034, with one in thirteen residents working in this industry.

These projections paint a promising picture for Oman’s economic future, with tourism playing a significant role in driving growth and creating jobs.

A Strong Showing in the Middle East

The WTTC report also highlights the positive trajectory of the broader Middle Eastern tourism industry:

  • 2023 Growth: The Middle Eastern Travel & Tourism sector experienced impressive growth of over 25% in 2023, reaching nearly $460 billion.
  • Job Creation: The sector saw a significant increase in jobs, with nearly 7.75 million people employed in tourism-related roles.
  • Increased Spending: International visitor spending witnessed a remarkable 50% rise in 2023, reaching $179.8 billion. Domestic tourism spending also climbed by 16.5%, surpassing $205 billion.

Looking ahead, the WTTC forecasts continued growth for Middle Eastern tourism in 2024, with projections predicting a rise in GDP contribution, job creation, and visitor spending across the region.

Oman’s Government and Industry Leaders React to the Report

Government Backing:

The WTTC report highlights the critical role of the Omani government in supporting the tourism industry’s revival. As quoted in the report, Julia Simpson, WTTC President & CEO, acknowledges the government’s strong support and its aim to achieve unprecedented economic growth and job creation through tourism.

  • 0Facebook
  • 0WhatsApp
  • 0Twitter
  • 0Pinterest
  • 0Reddit
  • 0Telegram
  • 0Skype
  • 0Facebook Messenger
  • Copy Link
  • 0Print
  •  shares
Tags: Government Supportjob creationMiddle East TourismOman tourismOman's Tourism Industry Poisedsustainable tourismTourist SpendingTravel & Tourism GrowthWTTC Report

Related Posts

World

New York reports 15 child cases of rare disease linked to COVID-19

March 3, 2025
Health

Fishermen face hard times but the public can help by buying from them direct

February 23, 2025
Klahoose Wilderness Resort
Travel

Klahoose Wilderness Resort Named Canada’s Leading Wilderness Resort 2024 by World Travel Awards

July 6, 2024
Hacienda Tres Ríos
Travel

Hacienda Tres Ríos: The Top Choice for Family Vacations in Mexico

July 6, 2024
A Historic First for Scotland
Travel

A Historic First for Scotland: The Clipper Round the World Yacht Race Embarks on a Memorable Adventure

July 5, 2024
Dubai's Culinary Scene Soars
Travel

Dubai’s Culinary Scene Soars: Michelin Guide 2024 Unveils Diverse and Expanding Gastronomy Landscape

July 5, 2024

Recommended Stories

lg stackable washer and dryer

Space-Saving Solution: LG Stackable Washer and Dryer

October 2, 2023 - Updated on October 3, 2023

The best wireless router to squeeze your data rate and faster speed

May 8, 2020 - Updated on May 1, 2023

Apple AirPods Studio full-size wireless headphones are already in production

May 23, 2020 - Updated on December 8, 2022

Ads

Popular Stories

  • Did You Gain the Quarantine 15

    Did You Gain the Quarantine 15?

    0 shares
    Share 0 Tweet 0
  • How to Protect Kids from Summer Insect Bites and Stings

    0 shares
    Share 0 Tweet 0
  • Six Savvy Tips for Snoozing More Soundly

    0 shares
    Share 0 Tweet 0
  • Reversing Prediabetes Naturally

    0 shares
    Share 0 Tweet 0
  • What’s Hurting Your Eyes and Ears

    0 shares
    Share 0 Tweet 0
Phonemantra

© 2025 Phonemantra

Navigate Site

  • Our Team
  • Sitemap
  • Legal Disclaimer
  • Privacy Policy
  • Contact Us

Follow Us

No Result
View All Result
  • Home
  • Mobiles
  • Tech News
  • Cars
  • Entertainment
  • USA News
  • Health
  • Cameras
  • Gaming

© 2025 Phonemantra