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.
Steffi Graff to be Ayurverda, Tourism Face of Kerala Tennis legend Steffhi Graf to become the face of ayurveda and tourism in Kerala; the decision was taken at a cabinet meeting chaired by chief minister Omman Chandy. The cabinet meeting has unanimously approved the proposal. The tennis legend will help to permeate the greatness of Ayurveda globally, the cabinet anticipated. Details of Steffi Grafâs remuneration package have not spelt out. Graff have already declared her willing ...
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 ...
Bank Muscat, the flagship financial services provider in the Sultanate, reiterates the commitment to participate in Salalah Festival 2014, the Sultanate's annual tourism and cultural celebration to be held from the second day of Eid Al Fitr to September 6.Bank Muscat played a vital role in the success of this festival over the past years and is once again supporting this annual event by providing its services and products at the festival gro ...
CC Tea is a naturally caffeine-free instant lemongrass tea
with a subtle citrus flavor and a soothing aroma. It brews into a radiant green
tea that is light, clean, zesty and tangy. Derived exclusively from Cymbopogon
Citratus, CC Tea is 100% organic, natural and pure.
Also known as Fever Grass, Cymbopogon Citratus is a type of
lemongrass that is highly therapeutic. It is rich in good antioxidants and
displays an impressive range of pharm ...
In its bid to utilise sand art as a tool to promote tourism in the state, the Odisha government has decided to set up a Sand Art Park at Puri, an official release said here.The decision was taken at a high-level meeting presided by Chief Secretary J K Mohapatra where Tourism and Culture secretary Arabinda Padhee outlined various prospects for the proposed project, it said.Mohapatra suggested the tourism department to prepare a detail report on th ...
World Travel Market (WTM), the leading global event for the
travel industry, is inviting the industryâs most senior buyers to apply for
Buyersâ Club membership for WTM 2014, scheduled tol be held at Excell, London
from Nov 3rd to 6th, 2014,.
WTM Buyersâ Club -
the leading global business network: making contacts, concluding deals - is
World Travel Marketâs exclusive business club for the travel industryâs most
senior buye ...
Last Minute Travel, a leader in last minute travel deals on hotels, flights, cruises, car rentals, activities and other travel products, today announced that it has added car rental search and bookings to its free iPhone mobile application - enabling its users to choose from 18 car rental brands. For the first time, consumer travelers can search by city or by airport and can view the locations of the available cars on a map view - while filtering ...
Lemon Tree Vembanad Lake Resort, Muhamma has won the CNBC AWAAZ Travel Award 2014 in the Best Budget Hotel category. The award was presented in a glittering ceremony by the Madhya Pradesh State Tourism Minister Mr Surinder Patwa and CNBC Managing Director Mr Sanjay Pugalia to Milind Hatvalne, Head General Manager who received it on behalf of the entire Lemon Tree Vembanad Lake Resort team recently.This fresh and spirited Lemon Tree resort, locate ...
The Kaal Hotel is located in Leh and is set amidst lush
green fields and has beautiful views of the snow-capped peaks of the Stok range
and the Shanti Stupa. The hotel has 1 Deluxe, 3 wood
panelled Suites & 21 Standard Room having a blend of
Local architecture and modern ameniÂties, the traditional. The hotel has its
chapel and hosted many high Tibetan high Lamas which includes HH Karmapa.
Leh, the capital of Ladakh, is simply br ...
Once again Hotel Sahara Star has surÂpassed expectations and
achieved international acclaim at the Century InterÂnational Quality ERA
Awards, 2012. The award ceremony & convention was recentÂly held in Geneva
and was well attended by distinguished business representatives and also
witnessed a host of entries from renowned hotel chains across the world.
Business Initiative Directions awarded Hotel Sahara Star the Century International
Ananda in the Himalayas, leading destination spa has
appointed Mr. Gregory Ugrin as Director of Spa Training, Ananda in the
Mr. Gregory Ugrin comes with rich spa expertise and a career
that spans 18 years, which includes a deep foundation in neuromuscular therapy,
luxury body treatments, and subtle energy work such as Reiki. A licensed
massage therapist, Ugrin joins Ananda after 17 years of continuous service as a
trainer and practitioner for Las Vegasâ premier spa retreat, ...
SriLankan Airlineâs new codeshare with Mihin Lanka mulls
boost in tourism from Kolkata
SriLankan Airlines, the national carrier of Sri Lanka has announced
a code share agreement with Mihin Lanka for the operations of flights between
Kolkata and Colombo. A special introductory fare to Colombo will mark this
agreement beginning from the 17th of June. With the commencement of the new
codeshare with Mihin Lanka, SriLankan Airlines con ...
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
â˘ Every millionth entrant to Thailand wins a 5-night holiday to Thailandâ˘ 2,000,000 budget for the campaign, excluding promotional costsâ˘ At least 10 prizes to be wonâ˘ 2 prizes a month on an averageâ˘ Amazing Thailand Grand Sale discounts can also be availed till 15 AugustIn order to draw travellers to Thailand during the comparatively less busy months from May to September, the Tourism Authority of Thailand has introduced a campaign called the Green Season Tourism Marketing Promotion P...
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...
Star couple bask in luxurious setting of the resort with
newlyweds Soha Ali Khan and Kunal Khemu
Saif Ali Khan and Kareena Kapoor Khan are sure in the
holiday spirit! The Bollywood superstar couple, joined by newlyweds Soha Ali
Khan and Kunal Khemu, beat the summer heat indulging in a tranquil retreat at
The Residence Maldives. Nestled on Fa...
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