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Qatar's Investment in the Travel & Tourism Sector will Reach US$ 4.5 Billion in 2012

 

Qatar is emerging as one of the most dynamic and innovative economies in the Middle East and is set to become a global tourism hub between Europe and Asia. The economy is rapidly expanding in practically every sector and industry.


 

With a continuous strong economic growth and a per capita GDP ranking among the highest in the world, Qatar remains a high quality destination that attracts premier leisure, business, sports and education tourism. The country is playing a decisive role in generating new opportunities in travel and tourism.

This massive infrastructural growth in all sectors of the economy and booming economic conditions are combining with a yearning to deliver a world-­class destination for travel and tourism. Where multi-­starred hotels, rooms, and the innovative services they offer arrive, so does the need for all types of hospitality services.

US$17 billion to be spent into hotel developments over the next five years

90,000 additional hotel rooms planned to be built by 2022

Expansion plans of international hotel brands in the country

US$100 billion to be spent on development projects

Massive influx of sports tourists: Qatar hosted the AFC Asian Cup Football Tournament and the Pan Arab Games alone in 2011; many other global events are planned including FIFA World Cup in 2022

Qatar Vision 2030 is boosting direct investments in the tourism sector

 

 


     
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