Qatar’s tourism industry is rapidly growing focusing on luxury experiences and cultural attractions to attract high-end travellers
10 Sep 2024
NewsThe tourism sector in Qatar is expanding quickly, drawing in affluent tourists with an emphasis on upscale experiences and cultural landmarks. The travel and tourism industry is expected to generate $1,168 million (QR4,262.366 million) in income for the nation in 2024, according to the most recent estimates from Statista, a worldwide platform for statistics and business insight.
With a predicted annual growth rate (CAGR 2024–2029) of 2.95%, the market is expected to reach $1,351 million (QR4,930.185 million) in volume by 2029. With a forecast market volume of $526.2m (QR1,919.524m) in 2024, the hotels market is the largest component of Qatar's travel and tourist industry, according to the report.
The development of the travel and tourist business in Qatar has been facilitated by a number of factors, which have led to the market's notable rise in recent years.
The emphasis on sustainable tourism practices is one prominent trend in the Qatari travel sector, according to Statista, with an increasing number of eco-friendly hotels and tour companies appealing to tourists who care about the environment.
According to the research, Qatar's consistent economic development and diversification initiatives have been major factors in the travel and tourism industry's growth. Major international events like the FIFA World Cup 2022 that the nation is hosting have increased investment in the hospitality sector and tourism growth.