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Qatar’s tourism revenue expected to reach $1.17 billion in 2024

The hotels sector continues to be the largest segment, expected to generate $526.2 million in 2024.

Qatar’s tourism revenue expected to reach $1.17 billion in 2024
[Source photo: Krishna Prasad/Fast Company Middle East]

Qatar’s tourism industry is experiencing rapid growth, driven by a focus on luxury experiences and cultural attractions.

According to Statista, Qatar’s travel and tourism market is projected to generate $1.17 billion in revenue in 2024, with an annual growth rate (CAGR) of 2.95% expected to increase to $1.35 billion by 2029. Online sales are anticipated to play a significant role in this growth.

The hotel sector remains the largest component and is anticipated to generate $526.2 million in 2024. By 2029, the number of users in this sector is expected to reach 1.59 million, with user penetration rising from 72.4% in 2024 to 85.7%.

Statista also forecasts that by 2029, 86% of total revenue in Qatar’s travel market will come from online sales.

Qatar’s appeal lies in its luxury offerings, eco-friendly accommodations, and cultural tours. Sustainable tourism is gaining traction, with eco-conscious hotels and operators meeting a growing demand. Additionally, medical tourism is rising as visitors seek Qatar’s top-tier healthcare services.

Qatar’s strategic location, world-class infrastructure, and government investments in museums, cultural sites, and entertainment venues have established the country as a prime destination for leisure and business travelers.

Major events like the FIFA World Cup 2022 and tourism-friendly policies have further fueled the sector’s growth.

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