Tag Archives: outbound travel

Gen X driving GCC outbound travel according to research, says ATM

Generation X, those people born between 1965 and 1980 – are leading the significant growth in outbound travel from the GCC countries, according to findings by New York headquartered Research Nester. The report highlights numerous reasons why this generation has a dominant share of the GCC’s outbound market, particularly in the UAE and Saudi Arabian markets. The GCC outbound market is forecast to grow exponentially over the next five years, driven by Gen X travellers, according to recent research, says Arabian Travel Market (ATM) which takes place from 6-9 May at the Dubai World Trade Centre. Commenting on the report, Danielle Curtis, Exhibition Director, Arabian Travel Market said, “Within an age range of approximately 43 years to 58 years, many Gen Xers hold senior positions within companies and as such tend to travel overseas regularly on business trips. “In addition, with responsibility comes reward and therefore many have high earning potential and disposable income. Many successful entrepreneurs at this stage in their careers also have built significant wealth and can afford to travel frequently. “Many industry commentators are focused on Millennial and Gen Z travelers, but it is perfectly logical that Gen X would dominate the GCC outbound market value given the region’s demographics, particularly expatriate senior management.” Members of Gen X are also changing their lifestyles, with considerable numbers now looking for a more sustainable work life balance. This often means spending more leisure time with their families, including holidays and combining business with leisure, which is significantly growing the bleisure segment of travel. To illustrate these points, Gen X will be responsible for $11.1 billion, 41% of Saudi Arabia’s total outbound market value of $27 billion by 2028 …

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Chinese travellers to explore Egypt, Jordan and Saudi Arabia in 2nd quarter this year

Efficient air connectivity between the UAE and China witnessed over one million travellers from China in 2019. Post pandemic as the region awaits the return of Chinese travellers, “many Chinese now look for new destinations, they can include Egypt, Jordan, Saudi Arabia etc.” shared Prof. Dr. Wolfgang Georg Arlt, CEO China Outbound Tourism Research Institute and CEO Meaningful Tourism Center  with TBN at a recent interview. He further reiterated, “after three long years, China’s borders opened up again in early 2023. Business travellers and students started to go abroad immediately, leisure tourists had to renew their passports and in many cases are currently waiting for the processing of their visa application. Not more than half of the air routes from and to China have been re-established and air ticket prices are only slowly falling. As a result, in the first half of 2023, China’s outbound travel restarted slower than expected: Less than 25 million Chinese crossed the border, compared to 90 million in the first half of 2019.  Fortunately, all surveys and forward booking numbers show that the 100 million Chinese citizens affluent enough to travel long distance and the 200 million Chinese who can afford a trip within the region are eager and willing to spend their travel budgets as soon as it becomes possible again. In 2024 China will be again the No. 1 international tourism source market in the world. However, the needs and expectations as well as travel motivations and behaviour changed profoundly during the pandemic, with shopping, package tours and sightseeing losing out to activities, authentic experiences, local culture and gastronomy, special interest tours and the discovery of new destinations.”

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