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Travel and Tourism spend exceeded $6.5 trillion in 2006

Projections show that 15 million tourists to visit Dubai by 2010
The number of hotel rooms will also grow to 110,000 by 2016, said Ahmed Ramadan, managing director of Roya International, a Dubai-based hospitality consulting company,
“In 2006, 28.7m passengers passed through Dubai International Airport while 6.44m guests stayed in Dubai’s hotels,” he pointed out.
Ahmed Ramadan made the remarks at the monthly meeting of the Dubai Property Group’s.
The effects of the tourism sector on regional economies have proven to be paramount and have positively driven employment and income levels in the region.
Globally, the tourism industry has had an increasing contribution to overall gross domestic product figures and this contribution is set to increase, especially in emerging markets, in the future.
In 2005, travel and tourism spending exceeded $5.9 trillion rising to $6.5 trillion in 2006.

Source; Gulf Daily News

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