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 Dubai‚Äôs 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 Dubai‚Äôs GDP and supported a total of 416,500 jobs accounting for
21% of the emirates‚Äô total employment. These figures were based on the latest
report ‚ÄúQuantifying the Economic Impact of Aviation in Dubai‚ÄĚ 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 Dubai‚Äôs
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 aviation‚Äôs 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.
‚ÄúDubai‚Äôs 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,‚ÄĚ 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 Dubai‚Äôs 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 Dubai‚Äôs 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 world‚Äôs business and
tourism traffic, double the share it had in 2000.
Connectivity: One of Dubai‚Äôs 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 world‚Äôs 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 Dubai‚Äôs 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 sector‚Äôs 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 Dubai‚Äôs 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, ‚ÄúQuantifying the Economic Impact of Aviation in Dubai,‚ÄĚ 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
‚Äėconnectivity benefits‚Äô as in the 2011 report Explaining Dubai‚Äôs 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. Tourism‚Äôs contribution to global warming is estimated at 5 per cent of
global CO2 emissions.
UNEP‚Äôs 2011 Green Economy Report reveals that under a
‚Äėbusiness-as-usual‚Äô 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.
‚ÄúAs 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,‚ÄĚ 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, ‚ÄúAs the leading
organization for tourism, the World Tourism Organization seeks to maximize
tourism‚Äôs 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 ‚Äėgreen
fees‚Äô. The revenues generated from these fees - which in Palau‚Äôs case is US$1.3
million annually since 2009 - are used to support conservation and sustainable
The Organisation for Economic Co-operation and Development‚Äôs
(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. France‚Äôs 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 Morocco‚Äôs new Vision 2020 is to make the
country one of the world‚Äôs top 20 tourism destinations, making it a model of
sustainable tourism development in the Mediterranean.
‚ÄúThis 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,‚ÄĚ said Minister
‚ÄúBy 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 ‚ÄėGlobal
Partnership for Sustainable Tourism‚ÄĚ.
Morocco served as the Chair of this Partnership since 2013
and is delighted to be a co-lead of the 10YFP Sustainable Tourism Programme.‚ÄĚ
Ms. Hyeri Han, Deputy Director of the International Tourism
Division of Korea‚Äôs Ministry of Culture, Sports and Tourism, one of the
Programme‚Äôs co-Leads said, ‚ÄúThe 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.‚ÄĚ
Korea has been committed to the promotion of global
sustainable tourism and actively supported the process of the inclusion of
‚Äėsustainable tourism‚Äô in the Rio+20 outcome document.
The lush green flora and fauna of Kerala, its placid
backwaters, breath-taking monsoon downpour, and the Ayurveda-themed pavilion of
Kerala Tourism welcomed the Arab travellers at the Arabian Travel Market (ATM)
2015, being held at the Dubai World Trade Center.The Arabian Travel Market, which was inaugurated yesterday,
is a leading travel fair held annually in Dubai, and it provides a great
opportunity to network with tourism trade in the Middle East.Mr. T P Seetharam, Ambassador of Ind ...
The 2013 UNWTO and WTM Ministers¬ī
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 ...
Kuoni India participated at the fund raiser initiative ‚ÄúCook for a Smile‚ÄĚ organized by Smile Foundation, to raise awareness for better nutrition of under privileged children at Grand Hyatt Mumbai. It is a national level development organization benefitting over 300,000 underprivileged children and their families directly through 158 welfare projects on subjects such as education, healthcare, livelihood, and women empowerment across 25 states ...
India is set to make its mark in the world cycling circuit
with the Northern Escapes‚Äô Manali Khardungla Cycling Championship ‚Ä\" 2014
Whereas in countries like Germany, Italy, Belgium, Netherland, USA people are
crazy about cycling as a sport, India had till sometime back, completely lacked
taking interest in the sport. But, recently there has been a sea-change in the
interest levels and more and more people have taken up cycling on a regu ...
The Maharashtra Tourism Development Corporation (MTDC) has
planned to revive the iconic Sewri Fort in Mumbai as a pilot project. The
success of the project could be replicated to all other forts which are not by
the Archaeological Survey of India (ASI) or the state directorate.
A proposal to revive tourism and to attract more tourists,
at a cost of Rs. 11 crores at Sewri Fort ‚Ä\" famous as a location to spot the
migratory Flamingoes ‚Ä\" ...
Taiwan, which has most advanced medical
technologies and highly educated and professional health professionals, is
wooing tourists for medical care.Every year, Taiwan's medical tourism
attracts a number of tourists from all over the world. The state-of-the-art
medical facilities and impressive health care services have led to the booming
field of health care in Taiwan.In 2007, IMD World Competitiveness Yearbook
ranked Taiwan in 13th pl ...
Kuoni -SOTC, India‚Äôs leading Tour Operator, has announced
the launch of its new outlets in Prabhadevi, a small up-scale southern
neighbourhood of Mumbai and at Margoa, a bustling commercial centre and
cultural capital of the Indian state of Goa.
A thriving residential district, situated near a major
landmark, the Siddhivinayak Temple dedicated to Lord Ganesha, Prabhadevi
attracts hundreds of devotees every day.
The PrabhadeviStore wa ...
Conversations and Salon: Art Basel announces details of its
talks program in Hong Kong
Bringing together leading artists, curators, gallerists,
collectors, and critics from across the world, Art Basel‚Äôs talks program in
Hong Kong will again offer dynamic discussions between prominent figures of the
international art world. Featured artists include Nadim Abbas, Chim‚ÜĎPom, Chow
Chun Fai, Chu Hing Wah, Fiona Hall, Kwan Sheung Chi, Lam Tun ...
THE LEELA LAUNCHES THE FIRST EVER PREMIER LEAGUE CRICKET
SERIES WITH GUJARAT TRADE PARTNERS
The Leela Palaces,
Hotels and Resorts, one of India‚Äôs leading luxury hospitality group, announced
the launch of its first edition of ‚ÄúThe Leela Gujarat Premier League‚ÄĚ, a unique
cricket property to celebrate the Group‚Äôs partnership with its esteemed trade
The special floodlit
evening at Umiya Farms, Ahmedabad, saw ...
SUPERSTAR RAJINIKANTH PARTNERS WITH FLUENCE TO MANAGE HIS
DEBUTS ON SOCIAL MEDIA WITH TWITTER
One of India‚Äôs most prolific and influential superstars, the
inimitable Rajinikanth, makes his much awaited debut on Twitter today (
05.05.2014). This also marks the superstar‚Äôs debut in the digital space. CA
Media Digital‚Äôs first venture, Fluence - India‚Äôs leading celebrity digital
network, will manage Rajinikanth‚Äôs ...
A record number of exhibitors have registered for the
business events industry‚Äôs premier trade show MEETINGS. More
than 180 exhibitors from all over New Zealand will be ready to book business at
the Auckland ASB Show grounds when MEETINGS 2014 opens on June 18.
Among them are several newcomers to the business events
industry, including Wanaka-based Peak Functions and Auckland-based Team Up
Events. Team Up Events has only been in busines ...
China will issue smart cards to gradually replace current
paper permits for those commuting between the mainland and Hong Kong and Macao.
The Ministry of Public Security will launch a pilot programme in Guangdong
province in south China adjacent to Hong Kong and Macao and applications for
the permit open starting May 20. Similar to an e-passport and permit has an
integrated circuit chip containing personal information, fingerprints and entry ...
Now in its ninth year, the Wild Asia Awards
remain the only programme dedicated to identifying travel industry leaders in
sustainability across Asia. The Awards are founded on international standards
(the Global Sustainable Tourism Criteria) and provide a unique opportunity for
businesses, organisations, and destinations across the region to benchmark
their operations against global criteria, and be assessed free of charge by
renowned e ...
This is a unique event meant
for anyone who wishes to transform an ordinary meal or meeting into a magical
moment that will leave a lasting impression on their guests!Dinner in the Sky
is hosted at a table suspended at a height of 50 metres, by a team of
professionals. As shown in the 2014 Michelin Guide, Brussels has become an
essential part of the European gastronomic scene. With its 19 starred restaurants,
Brussels stands at a good posit ...
ROYAL CARIBBEAN INTERNATIONAL TO HOST THE ONLY COCA-COLA
PARTY AT SEA CELEBRATING THE 2014 FIFA WORLD CUP
F√ļtbol, Football, Soccer Matches to be Broadcast Fleet-wide
Throughout June and July 2014
Royal Caribbean International today announced a partnership
with Coca-Cola to bring the excitement of the most prestigious soccer
competition in the world to its fleet with The Coca-Cola Party at Sea
celebrating the 2014 FIFA World Cup. ...
Another resort has come up to grace the pristine location of
Thekkady, Kerala. Spring Dale Hotels & Resorts, unveiled its premium brand
of Resort, Spring Dale Heritage. Located on the banks of the Periyar River,
just 12 kms from Thekkady ‚Ä\" Kumily. Spring Dale Heritage provides a complete
range of premium services and traditional ambience.
Dr. Thomas Rony, Director of Spring Dale Hotels &
Resorts said, ‚ÄúSpring Dale Heritage dr ...
Once again the World Luxury Ho¬≠tel Awards turned the
spotlight on some of the world‚Äôs most sought after hotels, lodges, resorts
& private islands as they scooped the world‚Äôs most prestigious honors for
luxury hotels and several luxury hotel from India crowned the glory along with
their counter parts from across the world at the annual red-carpet Gala event
hosted by the world-renowned Pan Pacific Kuala Lumpur Interna¬≠tional Airport ...
NHCC & HICC appoints Mr. Anmol Pancholy as Director of
Novotel Hyderabad Convention Centre (NHCC) and Hyderabad
International Convention Centre (HICC) announced the appointment of Mr. Anmol
Pancholy as the Director of Sales.
Mr Pancholy is a dedicated and disciplined professional with
significant expertise in handling Sales and Marketing function with a focus on
market and strategic analysis, negotiation, analytical, and communication
skills. In his current role as D ...
Air Pegasus started its operation in Kerala with a daily flight between Tiruvananthapuram and Bangaluru. Launched under the brand name Air Pegasus, promoted by Decor Aviation Private Ltd. the airline will begin with two ATRs with 66 seats each. One more aircraft is expected to join the fleet later in April. Based out of the Kempegowda International Airport in Bangalore, Air Pegasus will scale up its services gradually to connect Kochi, Chenn ...
As the veil of the
morning haze lifts up and the first hooting of langursrichochest the
valley,Periyar slowly comes to life. The galleries of the forest with twining
vivies and lofty trees, the moss fungi and lichens all conjure up the images of the
primeval and a sense of arrival. Every bent is replete with expectations and expectations
are what sustain life.
Periyar Tiger Reserve
Nestled in the
southern western Ghats Mountain ranges of Peninsular India,Periyar Tiger Reserve
Everyone will find something
interesting for themselves in Oman, which is still less explored as a tourist
destination. The anthropologists,
sociologists, geologists and the archeologists all will have something to explore
in this country that covers an area of 309,501 square km.
The beauty of the land, the
culture and the history all will draw the discerning tourists to the Sultanate
ruled by a benevolent Sultan, His Majesty Sultan Qaboos Bin Said since 1970.
Oman is an uncut...
IHG to Open First Crowne Plaza in Chennai
New 286-room Crowne Plaza Chennai Adyar Park to bring
business excellence to key Indian city
InterContinental Hotels Group (IHG), one of world‚Äôs leading
hotel companies, today announced the signing of the 286-room Crowne Plaza
Chennai Adyar Park with Adyar Gate Hotels Limited.
The hotel, whi...
Within just nine months of opening its doors in December 2014, Atmosphere Kanifushi Maldiveswas listed by AOL UK as one of the ‚ÄúTop Ten All-Inclusive Resorts in the World‚ÄĚ for 2015! It was the only resort to be selected in this category, from the entire Asian Region!The recognitions & accolades just did not stop here! Thomas Cook,...
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