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.
How a jewel got its sparkleUntil 2010 Gujarat, called the jewel of the west, meant mainly pilgrimage rather than pleasure trips, for which the Gujarat is invariably went to other Indian States or abroad. But in 2010 two names met and by sheer coincidence they started off a campaign that made this land of legends a jewel in world tourism. The two big names, prime minister Narendra Modi and legendary Indian actor Amitabh Bachchan, have turned Gujarat into a success story.Tourism is basically a ser ...
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 ...
By Adv. Bhagyesh K.P.Ideas and knowledge formed the principle part of trade during the twenty first century. The value of a service in travel and tourism sector lies in the quality and accessibility that goes behind its successful implementation. The need to protect the brands and trade names has attained paramount importance due to globalization and rapid industrialization in India. A service mark helps business concerns to maintain a clea ...
Thomas Cook India partners with Corporation Bank to expand
distribution network for its multi-currency Borderless Prepaid Card
Thomas Cook (India) Ltd., Indiaâs leading integrated travel
and travel related financial services company, announced an agreement with Corporation Bank, one of Indiaâs largest
public sector bank, to distribute its
unique multi currency Borderless Prepaid Card via the Bankâs foreign exchange
Marketers Take Flight with New Travel Audience Targeting Solution from Wego.comTravel search site taps Lotame DMP to power data-driven
Wego, the leading travel metasearch site in the Asia Pacific
and Middle East, announced an additional refinement to their ad targeting
solution for marketers, powered by a partnership with Lotame, the leading Data
Management Platform (DMP) in the Asia Pacific. Using Lotameâs DMP, ...
Magic Planet to host first-of-its-kind exhibit
A caveman points his finger at the sky as a bolt of
lightning streaks down while his âsorceryâ, aided by a good knowledge of
weather patterns, awes the people gathered around - it is a diorama
representing one of the earliest known instances of misdirection and illusion
that has developed over the ages into the fine art of magic.
At Magic Planet, the worldâs first magic-themed edutain ...
ATM roadshow arrives in Riyadh as Saudi tourism companies
finalise their marketing plans ahead of regionâs largest travel and tourism
event in Dubai
The annual Arabian Travel Market (ATM) roadshow arrives in
Riyadh on Tuesday 18 February to deliver
a presentation at the offices of the Saudi Commission for Tourism &
Antiquities, to Saudi participants at this yearâs exhibition.
Executives from Reed Travel Exhibitions the or ...
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 ...
Qatar Airways will launch flights to Zanzibar, the airlineâs
third gateway in Tanzania after Dar es Salaam and Kilimanjaro with Effect from
1st July 2015. Airline will operate five-times-a-week to Zanzibar via
Kilimanjaro. The current Kilimanjaro flights are served by Qatar Airways via Dar es Salaam
will be made non-stop from Doha to Kilimanjaro commencing 1st July 2015, with
return flights from Kilimanjaro to Doha served via Zanziba ...
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...
Niraamaya Retreats, a Jupiter Capital Venture,
announced the strategic alliance between its retreat in Kovalam - the Niraamaya
Retreats Surya Samudra and Relais & ChĂ˘teaux, a global fellowship of
individually owned and operated luxury hotels and restaurants on 22nd January.
Relais & ChĂ˘teaux properties are distinct and
Within just nine months of opening its doors in December 2014, Atmosphere Kanifushi Maldiveswas listed by AOL UK as one of the âTop Ten All-Inclusive Resorts in the Worldâ 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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