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 tourism, after tasting
grand success in many pioneering initiatives, has taken yet another leap by
extending its frontiers to Sri Lanka and forming a new tourism circuit with the
neighbouring island country.
âThe Sri Lankan Minister of
Tourism and Sports, Shri Navin Dissanayak, has appreciated Kerala for its growth in tourism and
expressed his interest in joining hands with us for developing tourism circuits
and joint promotions,â said Kerala Tourism Minister Shri A ...
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 ...
QATAR DUTY FREE NAMED TRAVEL RETAILER OF THE YEAR AT DFNI
Qatar Duty Free Receives the Prestigious Award for the Third
Qatar Duty Free (QDF), the second largest Duty Free operator
in the Middle East, has won the title of Travel Retailer of The Year, at the
2014 DFNI (Duty Free News International) Global Awards for Travel Retail
Excellence. This is the third time that QDF has won the Travel Retailer of The
Year award ...
After much excitement and anticipation, New Zealand welcomed
Their Royal Highnesses the Duke and Duchess of Cambridge and Prince George on
their first ever official tour as a family today ( April 07, 2014).
The clouds lifted just long enough in Wellington for Prime
Minister, John Key, to greet the royal family at Wellington Airport. They were
then whisked to Government House to be met by the Governor General, Lt Gen The
Rt Hon Sir Jerry M ...
THE LANDMARK MANDARIN ORIENTAL, HONG KONG PRESENTS SPANISH
THREE STAR MICHELIN CHEF ENEKO ATXA AT ITS 2ND POP-UP RESTAURANT EVENT
Guests can experience Basque-rooted international haute
cuisine combined with charity and art
The Landmark Mandarin Oriental, Hong Kong is pleased to
announce the second pop-up restaurant event of 2014. Chef Eneko Atxa, from
Aziamendi Restaurant in southern Thailand and Azurmendi Restaurant in Bilbao,
Foreign Tourist Arrivals (FTAs) to India in February, 2014 was 7.38 lakh which was 6.88 lakh in February, 2013 with a growth of 7.2%. Foreign Exchange Earnings (FEEs) from tourism in Rupees terms in February, 2014 were Rs.11, 355 crore in comparison to Rs.10, 252 crore in February, 2013. As a facilitative measure to attract more foreign tourists to India, Government launched the âVisa on Arrivalâ (VoA) Scheme in January 2010 for citizen ...
Demystified RMS Solution for Hoteliers Maxim Revenue Management Solutions (MaximRMS), a world leader in pricing, forecasting and profit optimisation technology for the hospitality industry, and RezNext, a leading real-time distribution technology company, are pleased to announce their strategic partnership. Through this partnership, RezNext is distributing a custom-tailored version of the MaximRMS e.FLEX revenue management system throughout ...
The second edition of Maddys 2014, organised by the
Advertising Club of Madras on March 28, saw Stark Communications emerge as one
of the key winners. Stark Communications bagged eight metals, which included
two Golds, five Silvers and one Bronze for their prestigious clients.
Starkâs two golds
came from a B2B campaign for Asianet News and a public service campaign for
Flavours. The five silver awards were for Kerala Tourism, Mala ...
Tourism Authority of Thailand and Four Seasons Hotel Mumbai
celebrate Thai New Year in Mumbai
Songkranâs joyous sights, sounds and aromas found their way
to Mumbai as the Tourism Authority of Thailand and Four Seasons Hotel Mumbai
joined hands to celebrate the Kingdomâs biggest festival at the hotelâs
pan-Asian restaurant San-Qi.
The celebration included a simulation of the
country-encompassing, carnival-esque festival of Songkra ...
Prestigious Global Concierge Society Recognises
InterContinental Concierge Excellence
InterContinental Hotels & Resorts awarded two accolades
at 61st Les Clefs d'Or Congress
InterContinental Hotels & Resorts recently celebrated as
two of the brand's Chef Concierges were recognised at the 61st Les Clefs d'Or
Congress for their commitment to the network's global service standards of
excellence. InterContinent ...
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...
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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