Ecotourism is the practice of traveling to and from natural locations, preserving the natural environment, and enhancing the well-being of the local population in a way that enhances their culture and lifestyle. Ecotourism differs from ecotourism in that it places more emphasis on environmental responsibility and sustainability rather than an aesthetic approach. Ecotourism has many main goals, but the main goals are education, protection, preservation, sustainable tourism, and community engagement. Education is the key to any type of sustainable tourism and for ecotourism, this goal is even more important since ecotourism tours often include interaction with local tribal and cultural groups who are important contributors to the environmental health of their local areas.
Market Dynamics:
Rapid growth in the travel & tourism industry in the GCC region is a prime factor driving growth of the Ecotourism in GCC market. According to the statistics by the World Bank, international tourism expenditure in Saudi Arabia, Qatar, and Kuwait, in the year 2019 was recorded to be USD 16.415 billion, USD 12.528 billion, and USD 17.131 billion respectively. Further, this expenditure in the United Arab Emirates (UAE) grew from USD 18.004 billion in 2018 to USD 33.372 billion 2019.
However, extremely hot weather condition in GCC region is expected to hinder growth of the market.
Key features of the study:
- This report provides in-depth analysis of the Ecotourism in GCC market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2021–2028), considering 2020 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the Ecotourism in GCC market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include Hotels (Ramada Worldwide, Jumeirah, and Le Meridien), Airlines (Emirates, Qatar, and Gulf air), and Tour &Travel Operators (Thomas Cook)
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The Ecotourism in GCC market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the Ecotourism in GCC market
Detailed Segmentation:
- GCC Ecotourism Market, By Category:
- GCC Ecotourism Market, By Contribution:
- Ecotourism receipts
- Hotel stay
- Shopping and Leisure
- Food and dining
- Airline expenditure
- Other Goods & Services
- Real Ecotourism Wallet
- GCC Ecotourism Market, By Region:
- Bahrain
- By Category
- By Contribution
- Ecotourism receipts
- Hotel stay
- Shopping and Leisure
- Food and dining
- Airline expenditure
- Other Goods & Services
- Real Ecotourism Wallet
- Kuwait
- By Category
- By Contribution
- Ecotourism receipts
- Hotel stay
- Shopping and Leisure
- Food and dining
- Airline expenditure
- Other Goods & Services
- Real Ecotourism Wallet
- Qatar
- By Category
- By Contribution
- Ecotourism receipts
- Hotel stay
- Shopping and Leisure
- Food and dining
- Airline expenditure
- Other Goods & Services
- Real Ecotourism Wallet
- Saudi Arabia
- By Category
- By Contribution
- Ecotourism receipts
- Hotel stay
- Shopping and Leisure
- Food and dining
- Airline expenditure
- Other Goods & Services
- Real Ecotourism Wallet
- Oman
- By Category
- By Contribution
- Ecotourism receipts
- Hotel stay
- Shopping and Leisure
- Food and dining
- Airline expenditure
- Other Goods & Services
- Real Ecotourism Wallet
- UAE
- By Category
- By Contribution
- Ecotourism receipts
- Hotel stay
- Shopping and Leisure
- Food and dining
- Airline expenditure
- Other Goods & Services
- Real Ecotourism Wallet
- Company Profiles
- Ramada Worldwide*
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments
- Future Plans
- Jumeirah
- Le Meridien
- Emirates
- Qatar
- Gulf air
- Thomas Cook
“*” marked represents similar segmentation in other categories in the respective section.
