Tag Archives: 2030

With overseas travel spend by Middle East residents expected to grow by 6% per year until the end of the decade, where it will top US$60 billion according to the latest ATM Travel Trends Report, exhibition space is in high demand among international participants at Arabian Travel Market (ATM) 2026, which will take place at the Dubai World Trade Centre from 4-7 May. Under the theme ‘Travel 2040: Driving New Frontiers Through Innovation and Technology’, the 33rd edition of ATM will enable visitors from around the world to chart the evolution of global tourism by exploring market trends such as travel-tech innovation and adoption, sustainable offerings and ultra-luxury experiences. ATM 2026 is generating significant interest among international exhibitors, with projected year-on-year growth in exhibition space of 10% and increased demand across all core markets. During the period 2024 to 2026, the event has recorded pronounced compound annual growth rate (CAGR) upticks from participants in Africa (31.99%), Asia (13.95%), Europe (8.75%), the Americas (8.25%) and the Middle East (8.04%). Danielle Curtis, Exhibition Director ME, Arabian Travel Market, said: “International participation at ATM continues to grow in step with the remarkable shifts taking place across the worldwide tourism landscape. From Africa’s wide-ranging investment in infrastructure and sustainable luxury to Asia’s rapid expansion in air connectivity and travel technology, we are seeing unprecedented engagement with the Middle East market in ways that would have been unimaginable even a decade ago.” Egypt’s appeal among regional travellers is clear, with the volume of outbound leisure nights from the Middle East to the North African country set to increase by 21% by 2030. Home to the Grand Egyptian Museum in Giza as well as a multibillion-dollar pipeline …

TOURISE, the bold global platform shaping a new horizon for tourism, announced that it has catalyzed investment portfolios totaling USD 113BN at the inaugural Summit in Riyadh. The milestone reflects TOURISE’s mission to unlock high‑value deal flow by convening public and private sector leaders across tourism, technology, investment, and sustainability to set a shared roadmap for the next 50 years of global tourism. The announced portfolio investments span the full breadth of the visitor economy: luxury retail, next‑generation hotel accommodation, large‑scale integrated, experience‑led developments, wellness, destination and lifestyle offerings, talent development, and AI‑powered platforms. Collectively, these commitments set a new standard for what’s possible, and what’s required, to meet future tourism needs and redesign the traveler journey. Just some of the international and local companies who announced their portfolios as part of the USD 113BN include: Melia Hotels, BWH Hotels, GOCO Hospitality, Cenomi, Radisson, Earth Hotels, Delonix & Ocean Link, AlFozan Holding, Al Kathiri Holding, Alothaim, and Knowledge Economic City. By combining hard infrastructure with human capital, and fusing data, design, and hospitality, these investments will unlock new value across the tourism ecosystem, create new job opportunities, and deliver unforgettable, purpose‑driven experiences at scale. Above all, many were Saudi focused, cementing the Kingdom’s international competitiveness and desirability as a leading global travel destination, where culture, innovation, and world‑class service come together, and signal to partners and investors that this is where the next era of tourism growth is be built. Investment ushers in the next chapter of the global tourism economy His Excellency Ahmed Al-Khateeb, Minister of Tourism and Chairman of the Board of TOURISE, commented “TOURISE has been the catalyst that brings investors, policymakers, and innovators to the same …

The UAE’s MICE market is forecast to grow to US$9.26 billion by 2030, with a CAGR of 8.96%. The Saudi Arabian market is projected to reach US$5.33 billion by 2030, representing a compound annual growth rate (CAGR) of 10.93%. Together, these markets are expected to drive the Gulf’s emergence as one of the world’s most dynamic business event regions, supported by major tourism development programmes, strong air connectivity and the growing appeal of the Middle East as a platform for global trade and innovation. According to Mordor Intelligence, the region’s meetings, incentives, conference and exhibitions (MICE) industry continues to expand at pace as investment in large-scale venues, infrastructure, and international partnerships accelerates. Building on the success of its inaugural edition, IBTM @ ATM will return to Arabian Travel Market (ATM) in 2026, which takes place at the Dubai World Trade Centre from 4–7 May, with a dedicated business events hub in Hall 3. This expanded space emphasises the show’s strategic focus on the global business events sector and highlights the Middle East’s position as one of the fastest-growing regions for meetings and events worldwide. The ATM Travel Trends Report 2025, produced in partnership with Tourism Economics, also indicates a continued rise in business travel across the Middle East, with the region’s share of global corporate travel spending forecast to increase from 2.5% in 2024 to more than 3% by 2030. This is being supported by the steady recovery of international demand, improved air connectivity and the continued development of business tourism infrastructure. Danielle Curtis, Exhibition Director ME, Arabian Travel Market, said: “The expansion of IBTM @ ATM reflects the strength and ambition of the Middle East’s business events sector. By …