Dubai and Makkah top global tourism big spenders list with $50bn in receipts

Thu, 2019-09-05 22:52

LONDON: Tourists visiting Dubai and Makkah spend more on average
than any other destination according to annual rankings released by
Mastercard.

Dubai topped the list, with $30.82 billion spent last year and
Makkah was in second place with $20.09 billion.

Dubai visitors had an average spend of $553 according to the
study of 200 cities which is based on publicly available visitor
volume and spend data.

“Each year, more people are traveling internationally and
spending more in cities,” said Diana Munoz Robino, senior vice
president of global tourism partnerships at Mastercard. “Between
all of the destinations within the index, arrivals have grown on
average 6.5 percent year-on-year since 2009.”

Dubai topped the list, with $30.82 billion spent last year.
(AFP)

Bangkok remains the world’s most visited city with more than
22 million international overnight visitors followed by Paris in
second place, nudging London into third position.

Singapore and Kuala Lumpur were fourth and fifth in the
rankings, followed by New York, Istanbul, Tokyo and Antalya in
Turkey.

Despite Bangkok and Dubai topping the visitor and spending lists
respectively, both cities face headwinds as arrivals come under
pressure and hotel room rates weaken.

Hotels in Dubai also had their lowest second quarter occupancy
rate in a decade according to recently released figures from
STR.

Occupancy in the emirate fell by 0.9 percent to 67.1 percent in
the second quarter, its lowest since 2009. Average daily rates and
revenue per available room were also at their lowest since
2003.

Tourism chiefs in the emirate are expecting an increase in
arrivals next year when the city hosts Expo 2020.

Thailand expects to welcome 2 million Indian tourists in 2019,
the governor of the Tourism Authority of Thailand, Yuthasak
Supasorn, told Reuters, adding this was one year earlier than its
target.

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Source: FS – All-News-Economy
Dubai and Makkah top global tourism big spenders list with bn in receipts