According to a recent YouGov survey, commissioned by Reed Exhibitions, the organiser of Arabian Travel Market (ATM) 2021, the amount of money that Middle East travellers spend on international leisure travel, will begin to exceed 2019 pre-COVID levels, in as little as three years. This is supported by forecast analysis carried out by Tourism Economics (TE).
The latest data analysis produced by YouGov for Reed Exhibitions, the organiser of Arabian Travel Market (ATM,) has revealed that 46 percent of luxury travellers in the Middle East, are planning to travel internationally at some stage during this year.
Hotels throughout the Middle East region are preparing to capitalise on the pent-up global demand for workations, driven in the main by the social restrictions imposed by governments across the world over the past ten months.
A recent ‘Global Holiday Intent’ survey conducted by YouGov on behalf of Reed Travel Exhibitions, the organiser of Arabian Travel Market (ATM), has revealed that residents in the UAE and Saudi Arabia (KSA) are the most likely to make an international trip in 2021.
During the opening session of Arabian Travel Market’s inaugural virtual event, ATM Virtual, aviation industry veteran Tim Clark, president, Emirates Airline, had outlined the impact of COVID-19 on the aviation industry, as well as the measures implemented by the company in response to the pandemic.
Speaking during an interview with respected aviation expert John Strickland, director, JLS Consulting, on the opening day of the virtual event, Sir Tim, said, “I don't think in my career I have seen anything like this, it is a huge structural change to our industry. In general terms, we have seen a USD15 trillion torpedo hit the global economy and it’s crippled many, many sectors, with transportation and leisure just a few of the casualties.”
He added, “My own belief is there is sufficient resilience in the global economy to take this trauma as long as it doesn’t go on for too long. If we can accept there is a finite point where we will see the back of this, with adjustments to the way we go about our lives, the way we go about our business, and our travel aspirations, we will see things moving back to some kind of normality during the course of 2021.”
With many fleets around the world grounded and potentially some not coming back, Clark, who has dedicated 35 years to growing Emirates Airline to become the largest long-haul airline in the world and helping transform Dubai into a major global travel hub, also discussed the future of the airline.
“Planning for resumption is quite complicated, needless to say, we have a 24/7 watch on it as countries start to relax their access requirements but I see some difficulties as I don’t believe they will open at the pace we would like. I think there will be a degree of what they started to call the bubble effect, i.e. countries selecting other countries that are relatively COVID free and therefore allowing services between those countries. We have seen the beginning of this and until we get much more clarity on quarantine, flight protocols and how airports are going to handle these passengers when they eventually get moving, it’s still early days in terms of understanding what is going to happen.”
Local tourism and domestic travel are expected to lead the UAE and wider GCC’s recovery from COVID-19 as we begin to see the easing of lockdown restrictions, according to the latest research released ahead of Arabian Travel Market (ATM) Virtual, a newly-launched three-day event that will take place from June 01-03 of this year.
Arabian Travel Market (ATM) has officially announced the launch of ATM Virtual, a three-day event that will take place from June 01-03 of this year.
In light of the changing global situation relating to the COVID-19 virus, the Arabian Travel Market (ATM) team have continued to monitor the impact it is having not just on the industry, but on society in general.
Visitors to the Kingdom of Saudi Arabia (KSA) are predicted to increase 38 percent from 15,5 million in 2019 to 21,3 million by 2024, according to new research by Colliers International, commissioned by Arabian Travel Market (ATM) 2020, which takes place at Dubai World Trade Centre from April 19-22.