Page 36 - Wego PR REPORT - JULY 2024

7/2/24, 11:19 AM Must-visit destinations for travel enthusiasts
Must-visit destinations for travel enthusiasts
Popular and fast-emerging tourist areas that make the travel worth it

According to Future Market Insights, the GCC outbound tourism market could generate a revenue of approximately $75.13
billion in 2024.
There’s more to traveling than enjoying a change of pace. It’s an opportunity to learn more about
other cultures and expand your perspectives on various things in life.
In Gulf Cooperation Council (GCC) countries, outbound tourism is booming. While it implies that
more people have the economic power to spend on leisure travel, it also reflects a burgeoning
interest in exploration.
According to Future Market Insights, the GCC outbound tourism market could generate a revenue
of approximately $75.13 billion in 2024. Growing at an annual rate of 7.8 percent, this figure could
reach around $158.88 billion by 2034.
A report from IMARC echoes the same upward trajectory, with the firm projecting an annual growth
rate of 15.8 percent from 2024 to 2032. Besides eco-tourism, an increasing appetite for unique travel
experiences and destinations drives this growth.

“Travelers are seeking unique travel experiences tailored to their interests, such as art retreats,
photography tours, and wildlife conservation expeditions, contributing to a diverse travel
landscape… This, coupled with the growing popularity of visiting historical and cultural heritage
sites, is creating a positive outlook for the market in the region,” the report noted.
Intra-regional travel is particularly popular among GCC nationals. Apart from accessibility, this
preference is driven by the familiarity of language and customs, allowing for a more comfortable
travel experience.

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