Over the estimated period, the worldwide GCC outbound tourism market is predicted to grow at a strong compound annual growth rate (CAGR) of 13.60%, from US$ 18.3 billion in 2022 to US$ 65.5 billion by 2032. When a person goes abroad for work or pleasure, it is referred to as outbound tourism. Due to visitor spending, outbound tourism affects a …
Tag Archives: GCC Outbound Tourism Market
GCC Outbound Tourism Market Landscape Soars High, Envisioning a Striking 13.60% CAGR by 2032, Commanding a Robust US$ 65.5 Billion | FMI
Over the estimated period, the worldwide GCC outbound tourism market is forecast to rise at a strong compound annual growth rate (CAGR) of 13.60%, from US$ 18.3 billion in 2022 to US$ 65.5 billion by 2032. When a person goes abroad for work or pleasure, it is referred to as outbound tourism. Due to visitor …
GCC Outbound Tourism Market Soars to Commanding US$ 65.5 Billion, Anticipating a Remarkable 13.60% CAGR by 2032 | FMI
The global GCC outbound tourism market is expected to grow at a significant CAGR of 13.60% over the projected period, from US$ 18.3 billion in 2022 to US$ 65.5 billion by 2032. Outbound tourism is when an individual travels outside his native country, either for vacation or business trip. Outbound tourism impacts the economy of a country owing to tourist spends; this brings …