WTTC Launches Long-term Forecast for Middle East Potential
MADRID, Spain, April 24, 2006. The World Travel & Tourism Council welcomes members of the media to join a special meeting with WTTC Members and other prominent industry leaders from across the Middle East and the world on Saturday April 29, 2006 at 11.00 at the Emirates Towers in Dubai. This event will be hosted by Gerald Lawless, CEO, Jumeirah Group.
The Middle East and in particular United Arab Emirates has experienced a remarkable success in Travel & Tourism growth and development. The newly released research, produced by the Oxford Economic Forecasting and sponsored by Accenture, indicates that in 2006 the Middle East Travel & Tourism Economy (direct and indirect impact) is expected to account for 9.6 per cent of GDP and create 4,590,000 jobs (10.1 per cent of total employment).
The research contains new economic projections for the growth of Travel & Tourism in the UAE and provides a new perspective on what the recent investment in the various mega-projects including the Palms, the Waterfront, the Marina, Dubailand and Festival City land are likely to produce.
If you are interested in attending this meeting, please contact Louise Oram at WTTC on [email protected] or +44 20 7481 8007.
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