Dubai has topped the list of cities with the highest spending by international visitors this year, pulling ahead of Doha and London in the top three places, the World Travel and Tourism Council (WTTC) said.
The Gulf tourism and finance hub has raked in $29.4 billion in international visitor spending so far this year, overtaking Doha where tourists spent $16.8 billion and London with $16.1 billion, WTTC said in its latest Cities Economic Impact report.
The cities that have recovered best, compared to pre-pandemic levels of 2019 in terms of international visitor spending, are Doha with a 21 per cent rise in tourist spend, Orlando, Florida, with a 19 per cent increase and Antalya in Turkey with 15 per cent.
The report, which was released at the WTTC global summit in Riyadh this week, analysed 82 international city destinations and found that their tourism sectors’ recovery was well underway after the Covid-19 pandemic that paralysed travel for nearly three years.
According to the report, 10 of the 82 cities analysed are projected to exceed pre-pandemic levels in terms of direct travel and tourism gross domestic product contribution to their economies this year. Doha is forecast for the largest increase from 2019, in terms of travel and tourism sector’s contribution to the city’s GDP, with an expected increase of 21 per cent. In Europe, Warsaw is expected to record a significant 14 per cent increase, while in the US, Orlando is projected to post a 10 per cent increase over the same period. The cities forecast to record the largest direct travel and tourism contribution to GDP this year are Paris with $36 billion, Beijing with $33 billion and Orlando with $31 billion, the report showed.
The travel and tourism industry will generate 126 million jobs globally over the next decade, becoming a critical driver of economic growth with its contribution to GDP growing faster than other sectors, according to the WTTC.
From this year to next, the strongest annual average growth in direct travel and tourism GDP is expected to be concentrated in the Asia-Pacific with Hong Kong, Bangkok and Jakarta being the top performers, the report suggested.
The Saudi Arabian cities of Riyadh and Jeddah are also expected to register strong growth, according to the report.