Travel and tourism sector is expected to bring QAR 90.8 billion to Qatar economy this year
The 2024 Economic Impact Research (EIR) conducted by the World Travel & Tourism Council (WTTC) predicts that the travel and tourism sector in Qatar will add QR90.8 billion to the nation’s economy, comprising 11.3% of the total, and will generate over 334,500 jobs nationwide, accounting for 15.8% of the overall workforce.
In 2023, the travel and tourism sector saw a remarkable 31% increase in its contribution to the Gross Domestic Product (GDP), reaching a historic high of QR81.2 billion, which accounts for 10.3% of Qatar’s total economic output. This substantial growth highlights the sector’s crucial role in the national economy.
Additionally, the sector plays a vital role in job creation, with more than 20,300 new jobs added last year, bringing the total nationwide employment in the sector to nearly 286,000.
Julia Simpson, President and CEO of WTTC, remarked that the Travel and Tourism sector in Qatar is on track to achieve unprecedented success this year, underscoring its status as a premier destination in the Middle East. She emphasized the government’s collaborative efforts, which will drive growth in Qatar’s Travel and Tourism industry, positioning it to play a pivotal role in the country’s economic development. This sets the stage for a future characterized by prosperity and opportunities.
In January, the nation welcomed 703,000 visitors, marking a significant 106% rise compared to the previous year.
Another factor poised to boost the influx of travelers to Qatar this year is the Gulf Cooperation Council (GCC) Grand Tours visa. This visa, which permits multiple entries, enables travelers to freely explore the six GCC nations: Qatar, UAE, Saudi Arabia, Kuwait, Oman, and Bahrain.
Travelers will enjoy smooth journeys and the flexibility to stay for more than 30 days in the countries covered by the visa. The implementation of this system is anticipated by the year’s end, reflecting ongoing governmental endeavors to bolster connections and enhance the financial infrastructure for travelers’ convenience.
