37.5% to its GDP and will support over 750,000 jobs by 2020
Latest Oxford Economics Report examines continued impact of
aviation sector on Dubaiâs economy and projects continued growth beyond
Emirates airline, Dubai Airports and the aviation sector as
a whole contributed $26.7 billion to the Dubai economy in 2013, which was
almost 27% of Dubaiâs GDP and supported a total of 416,500 jobs accounting for
21% of the emiratesâ total employment. These figures were based on the latest
report âQuantifying the Economic Impact of Aviation in Dubaiâ conducted by
global research firm, Oxford Economics, as a follow-up to a 2011 study done by
the same firm.
The objective of the report was to quantify the economic
impact of the aviation sector and its subsequent Dubai-based supply chain. In
addition, the report explains the benefits that aviation brought to Dubaiâs
economy in 2013 in terms of gross value added (GVA)** and employment, and
provides forecasts for the sector and its knock-on effects in 2020 and 2030.
The report re-affirms aviationâs growing significance as a
major engine of economic development, and its far-reaching contributions to
other industries as a catalyst for a spectrum of economic activity.
âDubaiâs success stems from a clear vision, careful
planning, and collaborative execution. It is no accident that we are a global
aviation hub today. It has taken us years to build up the critical competencies
and infrastructure that we have today, and we now have a solid base on which to
further develop. We will continue to take a consensus-based approach to
infrastructure investment, embrace open competition, and focus on opening up
and connecting markets through efficient operations. At the end, we want Dubai
to be the top choice for international travellers and traders - as a
destination, and as a transport hub,â said HH Sheikh Ahmed Bin Saeed Al Maktoum,
Chairman and Chief Executive of Emirates Airline and Group, Chairman of Dubai
Airports and President of the Dubai Civil Aviation Authority.
Core impact of aviation: It is estimated that the aviation
sector, including the Emirates Group, Dubai Airports, and other aviation
businesses such as airlines flying into Dubai, regulatory authorities and Dubai
Duty Free, had a core impact of US$16.5 billion GVA in 2013. This includes
direct, indirect and induced contributions and is equal to 16.5% of Dubaiâs GDP,
supporting over 259,000 Dubai based jobs.
Moreover, for every $100 of activity in the aviation sector,
a further $72 is added in other sectors of the local economy from supply chain
connections and expenditures. For every 100 jobs created in aviation, an additional
116 jobs are created elsewhere in Dubai.
Tourism benefits: Aviation has proved to be an indispensable
catalyst for the growth of Dubaiâs tourism industry. Tourism and travel
activities in 2013 had an economic impact of $10.2 billion GVA supporting a
further 157,100 jobs. In 2013, Dubai welcomed nearly 10 million non-UAE
visitors who spent $13 billion, accounting for around 1% of foreign visitor
spend globally that year. The success of Dubai as a destination has been a
public and private effort to invest in world-class aviation and tourism
infrastructure to support the influx of visitors. The results have paid
dividends and Dubai currently captures a 0.4% share of the worldâs business and
tourism traffic, double the share it had in 2000.
Connectivity: One of Dubaiâs greatest assets is its enhanced
connectivity. In 2013, Oxford estimated that passengers could connect from
Dubai to 25 cities (or 81% of world cities) with populations of over 10 million
people. Overall, Dubai had direct passenger flight connections to 149 cities
with populations of over 1 million people, creating potential export markets of
over 916 million people, or 13% of the worldâs population. Cargo tonnage
between 1990-2013 handled in Dubai has grown on average of 13.5% per year, compared
to global average trade volumes of 5.6% per year.
The passenger and cargo connectivity provided from Dubai has
positively impacted Foreign Direct Investment (FDI) and trade. It also has
provided greater access to foreign markets, encouraging exports, and increasing
competition in the local economy, benefiting consumers.
Economic benefits in 2020 and 2030
Between 2014 and 2020, the contribution of the aviation
sector to Dubaiâs economy is expected to grow at a faster rate than the economy
as a whole, on the back of strong growth in international passenger traffic and
cargo. The sectorâs airline and airport capacity continues to expand to
accommodate for growing demand.
Using industry growth forecasts and modelling projections
based on current expansion plans for Dubai International (DXB) and Al Maktoum
International at Dubai World Central (DWC), it is estimated that the overall
economic impact of both aviation and tourism related activities will rise to a
robust $53.1 billion in 2020. This will be equivalent to 37.5% of Dubaiâs GDP,
supporting over 754,500 Dubai-based jobs.
By 2020, it is estimated that Emirates will fly 70 million
passengers, and the airline and its partners are already progressing plans for
the right infrastructure to be in place to support and capitalise on passenger
growth. The same year, Dubai expects to welcome over 20 million visitors for
Expo 2020. Projects to support the six month mega-event in Dubai are already
underway. This includes a sizable increase in airport capacity which
encompasses expansion of airspace, airfield, stands and terminal areas to allow
Dubai International to accommodate 60% more aircraft stands by 2015, and
service 90 million passengers by 2018. By 2020, Dubai International is
estimated to receive 126.5 million passengers, almost 30% higher than its
original 2010 assessments.
Looking further ahead, the total economic impact of aviation
by 2030 is projected to grow to $88.1 billion and will support 1,194,700 jobs.
A summary of the report and the full Oxford Economics
report, âQuantifying the Economic Impact of Aviation in Dubai,â can be found
*The Oxford Economics Report only quantifies the direct,
indirect, induced and tourism benefits, and do not attempt to put a value on
âconnectivity benefitsâ as in the 2011 report Explaining Dubaiâs Aviation
Model. For comparison, the direct, indirect, induced and tourism benefits in
the 2011 report totalled US$19.6 billion, or 24% of GDP.
**Gross Value Added (GVA) is defined as the contribution an
institution, company or industry makes to Gross Domestic Product (GDP). The sum
of GVA contributions of all Dubai organizations is equal to Dubai GDP. In
simple terms GVA is understood as turnover minus the cost of bought-in goods and
services used in the production process.
Resource efficiency, conservation, and new technologies are
the focus of a new international partnership on sustainable tourism
A new international programme that aims to catalyze a shift
to more sustainable tourism over the next decade was launched at the World
Travel Market in London this week.
The Sustainable Tourism Programme of the Ten-Year Framework
of Programmes on Sustainable Consumption and Production Patterns (10YFP) will
be led by the World Tourism Organization (UNWTO) of the United Nations and the
Governments of France, the Kingdom of Morocco and the Republic of Korea, with
the support of United Nations Environment Programme (UNEP), which hosts the
Tourism is today one of the largest and fastest-growing
economic sectors in the world. It contributes 9 per cent to global GDP,
accounts for one in 11 jobs worldwide, and for 6 per cent of global exports. By
2030, UNWTO forecasts that there will be 1.8 billion international tourism
If not sustainably managed however, tourism can deplete
natural resources leading to water shortages, loss of biodiversity, land
degradation and contribute to climate change and pollution, among other
impacts. Tourismâs contribution to global warming is estimated at 5 per cent of
global CO2 emissions.
UNEPâs 2011 Green Economy Report reveals that under a
âbusiness-as-usualâ scenario, projected tourism growth rates to 2050 will
result in increases in energy consumption by 154 per cent, greenhouse gas
emissions by 131 per cent, water consumption by 152 per cent, and solid waste
disposal by 251 per cent.
âAs tourism continues to grow, so too will the pressures on
the environment and wildlife. Without proper management and protection, as well
as investments in greening the sector, ecosystems and thousands of magnificent
species will suffer,â said UN Under-Secretary-General and UNEP Executive
Director Achim Steiner.
"Tourism has been identified by UNEP as one of the ten economic
sectors best able to contribute to the transition to a sustainable and
inclusive green economy. This important initiative is about steering the
industry onto a truly sustainable path -- one that echoes to the challenge of
our time: namely the fostering of a global Green Economy that thrives on the
interest, rather than the capital, of our economically important nature-based
assets." he added.
UNWTO Secretary-General Taleb Rifai said, âAs the leading
organization for tourism, the World Tourism Organization seeks to maximize
tourismâs contribution to development while minimizing its negative impacts.
UNWTO is pleased to be at the helm of such an important initiative and to be
collaborating with governments and institutions to implement the 10YFP Sustainable
For example, in the Galapagos Islands and Palau, visitors
pay an entry tax to protected areas, which are sometimes referred to as âgreen
feesâ. The revenues generated from these fees - which in Palauâs case is US$1.3
million annually since 2009 - are used to support conservation and sustainable
The Organisation for Economic Co-operation and Developmentâs
(OECD) Tourism Trends and Policies 2012, reports that, as the importance of the
tourism sector continues to grow in OECD countries, the greatest challenge to
achieving sustainable tourism is horizontal and vertical policy coordination.
Addressing these challenges is the mandate of the 10YFP
Sustainable Tourism Programme as it strives to achieve major shifts in tourism
policies and stimulate greater sustainability within the tourism supply chain. A
collaborative initiative, the programme aims to improve resource efficiency,
management effectiveness, and the use of new technologies to promote
sustainable consumption and production patterns in this key sector.
As the most visited tourism destination in the world, France
highly values the preservation of its rich culture and natural heritage. This
is fundamental to maintain the quality of a destination which receives 85
million tourists a year.
Building on its support to sustainable tourism, as former
Chair of the International Task Force on Sustainable Tourism Development, and
former Chair of the Global Partnership for Sustainable Tourism, France will
pursue its commitment by co-leading this programme. Franceâs experience in this
regard will be of benefit to the 10YFP and partners in this important
Dr Lahcen Haddad, Minister of Tourism for the Kingdom of
Morocco, emphasises that the aim of Moroccoâs new Vision 2020 is to make the
country one of the worldâs top 20 tourism destinations, making it a model of
sustainable tourism development in the Mediterranean.
âThis ambitious strategy aims to capitalize on and preserve
our natural and cultural advantages so that their exploitation yields the most
sustainable social and economic benefits for all stakeholders,â said Minister
âBy taking this proactive role, Morocco seeks to establish
itself as a leading sustainable tourism destination in the Mediterranean.
Morocco is committed to the 10YFP and has been since our active participation
in the work of the International Task Force and its successor, the âGlobal
Partnership for Sustainable Tourismâ.
Morocco served as the Chair of this Partnership since 2013
and is delighted to be a co-lead of the 10YFP Sustainable Tourism Programme.â
Ms. Hyeri Han, Deputy Director of the International Tourism
Division of Koreaâs Ministry of Culture, Sports and Tourism, one of the
Programmeâs co-Leads said, âThe Government of the Republic of Korea already
integrates principles of sustainability into its tourism policies and is
accelerating programme implementation nationally, with the intention of
offering best practices and lessons learned on sustainable tourism.â
Korea has been committed to the promotion of global
sustainable tourism and actively supported the process of the inclusion of
âsustainable tourismâ in the Rio+20 outcome document.
Kerala State Tourism announces 2013-14 awards
Kochi-based Intersight Tours and Travels took the award for
the Best Inbound Tour Operator to Kerala, as the 2013-14 State Tourism Awards
were announced today.
The winners for Best
Three Star, Four Star and Five Star Hotels are Alappuzhaâs Marari Beach,
Kovalam-based Uday Samudra Leisure Beach Hotel and Spa and the Kumarakom Lake
Resort respectively. The Raviz Hotelâs Leela Kovalam is the Best Five Start
Deluxe Hotel. Coconut L ...
The 2013 UNWTO and WTM MinistersÂ´
Summit at the World Travel Market (WTM) will put a spotlight on the essential
connection between air transport and tourism, debating the challenges and
opportunities of promoting higher policy coordination between aviation and
Air transport, being an important
factor in outbound or inbound tourism, plays a vital role in foreign tourist
arrival in India. Therefore, the discussions on the matter must be considered
as important for the tourism i ...
New charity projects to define Mata Amritanandamayiâs 61st beginning Friday
Amritavarsham celebrations to also host cultural shows
Followers of Mata Amritanandamayi Devi around the world will
yet again gather at Amritapuri in big numbers this week, as the ashram of the
renowned spiritual and humanitarian leader is celebrating its founderâs 61st
Binge drinking is the term used to describe a single session of heavy alcohol intake (normally five or more drinks for men, and four or more drinks for women). The result is almost always intoxication, with an increased risk of severe dehydration, diziness, vomiting and alcohol poisoning. Many people, especially of the younger generation, are under the allusion that if they drink nothing all week, they can 'save up' their recommended un ...
World Travel Market 2014, the leading global event for the
travel industry, will be opened by retailing royalty Justin King CBE, former
CEO of J Sainsburyâs and one of the UK leading business leaders. King, who
recently stepped down as CEO at Sainsburyâs after at ten year stint, oversaw an
increase in transactions from 10 million to 24 million a week, and annual sales
growth from 10.3 billion in 2004 to 26.4 billion for the 12 months ...
Indiaâs largest travel community has been selected as a 2014 Red Herring Asia
top 100, a prestigious list honoring the year's leading private companies from
Asia, celebrating these startupsâ innovations and technologies across their respective
companies with the strongest potential was by no means a small feat,â said Mr. Alex
Vieux, publisher and CEO of Red Herring. âAfter rig ...
âTALK THE TALKâ WHILE TRAVELING GLOBALLY
Modern luxury meets modern tech with innovative mobile app
English may be the universal language, but to feel truly
immersed in the culture and vibe of a local destination, thereâs nothing quite
as authentic as speaking like the locals do. So, modern luxury line Celebrity
Cruises, with vacations visiting all
seven continents, and a focus on enhancing the destination experi ...
first-of-its-kind initiative, Indiaâs fastest growing online bus ticket booking
portal, Abhibus.com has introduced a unique âBusMealâ for passengers who book
tickets on their site for journeys which originate from Hyderabad. The website
has partnered with Foodyâs, which is a call center-driven food delivery service
that caters from some of the popular restaurant brands in Hyderabad. The
BusMeal service started from Septem ...
Global Luxury Hospitality Brand Opens Fourth Property in
JW Marriott Hotels & Resorts announced the launch of its
first hotel in Bengaluru, Indiaâs Garden City on September 25, 2013. A perfect
blend of style and sophistication, the JW Marriott Bengaluru was designed to
redefine luxury for the modern business and leisure traveller. The JW Marriott
Bengaluru overlooks the plush 300-acre Cubbon Park, offering a coveted
Beverly Hills Conference & Visitors Bureau Appoints
Sartha Global Marketing For India Representation
Sartha Global Marketing has recently been appointed by
Beverly Hills Conference & Visitors Bureau (BHCVB) as their representative
in India. Sartha Global Marketing has
been tasked to implement intensivepublic relations and travel trade outreach,
educating potential travelers on the destinationâs unique attributes, thereby
attracting more visitors to Beverly Hillsfrom Indi ...
Air France India announced launch of special economy fares
to New York at unbelievable prices. Flyers can now explore the cosmopolitan
city of New York famous for its art, fashion and skylines with this âmust grabâ
The special fares are
available at an unbelievable price starting at INR 52,000 all-inclusive in
Economy for bookings made on or before August 31, 2015. This offer is valid for
tickets issued in India for pass ...
A Brand New Destination Is Born In 'God's Own Country'â˘ Pathanamthitta District emerging as an ecotourism destinationâ˘ Adavi and Konni to have face-lift with boat race, rafting, camping and tree-top cottagesThe district of Pathanamthitta will soon have an elevated status in Kerala tourism map with the Adavi Boat Festival and Gaja Vijnanolsavam to be held at Konni, a hilly town in the district. A picturesque forest patch, 10 km from Konni and 17 kilometers from Pathanamthitta, ...
Theme parks are all about fun, excitement and
amusement. While planning your holiday
in the Golden State do not miss out on the incredible theme parks the Country
promises to have. Ranging from Disneyland classics to beachfront carousels, the
Golden Stateâs best-in-class theme parks deliver amusement to everyone. One can
take a tram ride to tour movie back lots at Universal Studios Hollywood, or
ride on a beachfront carousel in Santa Cruz. The Joyous ride to the theme parks
Guests can look forward to a relaxed stay at the 127-room
hotel, located at the foot of the Morni Hills
InterContinental Hotels Group (IHG) has opened Holiday Inn
Chandigarh Panchkula - its first hotel in Chandigarh and 10th Holiday Inn hotel
in India. Located on the Kalka Shimla Highway, the hotel provides easy access
to a number of tourist...
MOMENTS OF RECOGNITION
Steve McCurry has captured a series of photographs for IHGÂŽ
Rewards Club to celebrate the launch of its new top membership level Spire
Elite, introduced to recognise and reward its most loyal members
IHG (InterContinental Hotels Group) has announced the name
of IHG Rewards Clubâs new top membership level, Spire El...
Please check your inbox for a verification message from 'Tourismindia'. You might need to check your SPAM FOLDER for this. You will need to click a link in the verification message to activate your subscription.