Middle East Tourism Outlook: Decline and Growth
According to the forecasts of the World Travel & Tourism Council (WTTC), the Middle East region is expected to experience a decline in the GDP of the Travel and Tourism sector in 2026, decreasing from $386 billion to $330 billion. This reflects a contraction of 14.5% due to geopolitical disruptions and regional conflicts, which lead to flight cancellations and a decline in tourist confidence. Nevertheless, the sector is projected to become the fastest-growing industry over the next decade, with an annual growth rate of 6.3%, reaching $605 billion by 2036. This growth is driven by significant investments and strategic shifts by countries such as Oman, aimed at boosting tourism and achieving economic sustainability despite current challenges.
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