The ongoing effects of the Euro zone crisis has prompted popular
Mediterranean destinations to target growth opportunities in the GCC
markets at Arabian Travel Market (ATM) which reports a sell-out show
ahead of next month’s 20th anniversary event.
The latest
statistics from ATM organiser, Reed Travel Exhibitions, reveal that
demand from new exhibitors at ATM, which takes place at the Dubai World
Trade Centre on 6-9 May 2013, has pushed show floor space to a record of
over 22,000 square metres (sqm), a 6% increase over last year. In
addition there are 27 more exhibition stands than last year, up 7% and
an impressive 98 new companies covering over 2,160 sqm that will be
exhibiting.
In terms of vertical sectors, technology continued
to grow again this year up 34% to 1,700 sqm as the digital industry
trends gather pace. Geographically two of the best performing regions
were Europe and North Africa. Each region has grown by 20% and 36%
respectively to cover almost 4,000 sqm combined, or 18% of the total
exhibition space available, as hotels and resorts on the Mediterranean
coast in particular, look for a larger share of the GCC outbound
market.
“Exhibitor demand from countries on the
Mediterranean coast, have been particularly strong this year as the
tourism industries in Turkey, Morocco and Egypt turn their attention to
the outbound GCC market,” said Mark Walsh, Portfolio Director, Reed
Travel Exhibitions.
“GCC travelers with their high disposable
income levels are naturally a key target market for Mediterranean
destinations, but with traditional Western European source markets
facing tough economic challenges, which could cause tourism receipts to
decline, the relevance of the GCC markets becomes even more pronounced,”
he added.
According to the Turkish Ministry of Culture and
Tourism office in Dubai, the number of tourists travelling to Turkey
from the GCC region has increased significantly in the past few years,
with over 370% growth from the UAE, 331% for Kuwait and almost 600% from
Qatar for the period to August 2012 versus 2011.
Turkey has
taken an additional 25% of exhibition floor space this year, with
first-time exhibitors including two regional tourism bodies - the Bursa
Eskişehir Bilecik Development Agency and Dogu Karadeniz Illeri Hizmet ve
Kalkinma Birligi.
Turkey’s appeal lies not only in its cultural
blend of East meets West but its accessibility, with Turkish Airlines
alone connected to over 30 Gulf and Middle East destinations, enhanced
by a competitive fare strategy.
“In addition, the familiarity of
recognised brands, such as Jumeirah, Rotana and The Address, which
understand the requirements of the Middle East market, are attracting
both national and expatriate travelers from the GCC into Turkey,” said
Walsh.
Morocco is also looking to the region to further develop
inbound potential, with the Gulf already accounting for 30% of annual
visitor traffic. National carrier Royal Air Maroc is also reportedly
eager to pursue a strategic partnership with a regional airline, through
a minority stake purchase, thereby allowing it to expand its reach into
new profitable territories. Following a GCC tour by Moroccan monarch
King Mohammed VI in late 2012, the country signed a five-year strategic
investment partnership valued at US$5 billion with the Gulf states.
Egypt
is placing similar emphasis on attracting Gulf-based travellers to its
shores. According to tourism minister, Hisham Zaazou, Egypt is committed
to restoring consumer confidence and hoping to achieve pre-2010 tourism
levels by the end of 2013.
With direct routes to Spain, Italy,
France, Cyprus, Greece and Tunisia, the region’s airlines are also
making the Mediterranean resorts more accessible. Other new exhibitors
at ATM include the Monaco Government Tourism Bureau, Libya and Turismo
de Portugal.
Held under the patronage of His Highness Sheikh
Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the
UAE, Ruler of Dubai and set to celebrate its 20th anniversary, the show
has grown to become the largest showcase of its kind in the region and
one of the biggest in the world.
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