Travel and leisure and economic growth under the limelight at UNWTO & amp; Arabian Travel Market Ministerial Forum 2017

Travel and leisure and economic growth under the limelight at UNWTO & amp; Arabian Travel Market Ministerial Forum 2017


Tourism plus economic growth under the spotlight in UNWTO & Arabian Travel Marketplace Ministerial Forum 2017 (Forimmediaterelease. net) Visitors to the MENA region will total 195 mil by 2030, growing at a rate more than the world average, according to figures with the World Tourism Organization (UNWTO).

The rapid development of the field will form part of the discussion in the UNWTO& ATM Ministerial Forum on the Arabian Travel Market, which is getting held from April 24-27 within Dubai World Trade Centre. The particular Forum returns to the show repertoire this year, with a particular focus on the particular contribution of tourism to environmentally friendly economic growth and diversification within the MENA region.

Claire Press, Senior Exhibition Director, CREDIT, said: “ The Middle East provides experienced huge changes since the UNWTO Ministers Forum was last kept at ATM back in 2015. This season will reflect the pace plus level of that development, uniting greater than 20 ministers with industry frontrunners in the MENA region to consider ways of capitalising on tourism growth plus building a sustainable ecosystem for the industry to unlock its potential inside each country’ s National Plan.

“ Specific parts of focus will include GDP growth plus economic diversification, innovation, entrepreneurship plus productivity, job creation, human funds and infrastructure development, investment plus export promotion. ”

“ Tourism has become a key financial activity across the region, particularly within the GCC countries, where it is becoming a pillar and key drivers of the modern ‘ post– oil’ economies of those countries, ” stated UNWTO Secretary-General, Taleb Rifai.

“ In addition to generating forex earnings and creating jobs, travel and leisure promotes trade and investment plus significantly contributes to the development of other areas of the economy – such as building, manufacture, retail and financial services — and it also contributes significantly to the socio-economic integration of countries of the MENA region, ” he added.

Tourism has become an proven vehicle of advancing the global economic climate, representing 10 per cent of the world’ s GDP, 30 per cent associated with services exports and one in every eleven jobs.

Press stated: “ Future job creation plus entrepreneurship in the regional industry might be a first priority for the Forum. The particular MENA-OECD Investment Programme estimates that will, in order to maintain current employment ranges, between 25 million and fifty million new jobs will be needed over the next decade, requiring a typical annual growth rate of five. 5 per cent. ”

The Forum is one of an amount of events in the year-long programme associated with activities under the International Year associated with Sustainable Tourism for Development 2017.

In his message at the occasion of the Year, United Nations Admin General, Antonio Guterres, said: “ Tourism has become a pillar of financial systems, a passport to prosperity, along with a transformative force for improving an incredible number of lives. The world can and should harness the power of tourism once we strive to carry out the 2030 Plan for Sustainable Development. ”

Taking place on Monday, twenty-four April from 3. 30pm, in the Al Multaqua Ballroom, the Discussion board will be held under the patronage associated with H. E. Sultan bin Saeed Al Mansouri, Minister of Economic climate of the United Arab Emirates. This can follow the 42nd meeting of the UNWTO Commission for the Middle East that is being held at 10am each morning.
The Forum will deal with the following issues:

• Empowering evidence based decision making plus accurate measurement of the contribution associated with tourism to current and long term economic growth – particularly in relation to GDP, jobs and exports : and its multiplier effect on other areas of the economy.

• Enhancing the contribution of household tourism alongside international tourism (especially intra-regional) in delivering sustainable financial growth from the sector.

• Main challenges and possibilities for securing investment in travel and leisure (FDI and domestic investment).

• Strategies and procedures to strengthen tourism’ s strength to external shocks.

• Ensuring that economic growth because of tourism leads to the sustainable plus inclusive development of host communities as well as the transition towards a green economic climate.

• Investing in technologies – driven innovations to enhance overall performance and improve competitiveness.

• Policies to promote job development and entrepreneurship

• Strengthening the sector’ s institutional framework, engaging and aligning important governmental role players on travel and leisure policy issues and targets plus developing result driven partnerships along with local and international stakeholders.

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