March 1, 2016

Bahraini tourism to add $1 billion to economy by 2020

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Tuesday 01 Mar 2016 - 19:04 Makkah mean time-21-5-1437

(Image from MBC)

Manama, (IINA) - Bahraini official statistics revealed that tourism in the country is expected to contribute around $1 billion to the country’s economy by the end of the decade, Arabian Business reported.
Figures from the Bahrain Economic Development Board (EDB) reveal that there was an 11 percent increase in visitor numbers between 2014 and 2015, a rise of 10 million tourists.
The sector is forecast to grow even further in the coming years, EDB said, with 3,000 hotel rooms counted in the development pipeline at present.
For example, U.S-based hotel chain Wyndham Hotel Group has four properties under construction and scheduled to open within the next 12-18 months, while Emaar Hospitality Group has announced plans to open four hotels in Bahrain under its Address and Vida brands by 2018. Luxury Asian brand Anantara is also scheduled to open a hotel in the country, on Durrat Al Bahrain in 2018.
In a related context, the EDB will be exhibiting at the Arabian Travel Market (ATM) industry show in Dubai this year.
ATM exhibition manager Nadege Noblet-Segers stated: “Bahrain is making a significant investment into its tourism-related infrastructure, including a much needed $1.1 billion airport expansion, and also has plans to expand its current exhibition center to accommodate large-scale events across all categories”.
He added: “This year’s ATM will provide an excellent platform for the kingdom’s tourism and hospitality community to highlight its future vision”.
Meanwhile, Acting CEO of Bahrain Authority for Tourism and Exhibitions (BATE), Sheikh Khalid bin Hamoud Al-Khalifa, has pledged to implement the national tourism strategy adopted by the country’s tourism executive committee to promote the economy, according to state news agency BNA.
AG/IINA

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