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Travel News Talk

Qatar’s travel and tourism sector reaches new heights – Adding $25 billion to the economy in 2024

Qatar’s travel and tourism sector is set to contribute a record QAR90.8 billion ($24.94 billion) to the economy in 2024, accounting for 11.3% of the nation’s total economy, according to the latest World Travel & Tourism Council’s (WTTC) 2024 Economic Impact Research (EIR). The sector is also projected to support over 334,500 jobs, making up 15.8% of the total workforce in Qatar.

The WTTC expects international traveller spending to reach a record-high of QAR69.6 billion ($19.12 billion) in 2024, while domestic spending is anticipated to hit QAR12 billion ($3.30 billion). Qatar’s strategic efforts to enhance public-private collaborations have significantly boosted its travel and tourism sector, offering more diverse and immersive experiences for visitors. Moreover, hotel apartments in Qatar at properties like Al Najada Doha Hotel Apartments By Oaks are expected to see increased occupancy rates this year.

The WTTC forecasts that Qatar’s travel and tourism sector will grow its annual GDP contribution to more than QAR135 billion ($37.08 billion) by 2034, representing nearly 13% of the nation’s economy. The sector is expected to employ close to 458,000 people across the country, with one in five residents working in the industry.