Tag Archives: more jobs

TravTalk ME’s recent International Women’s Day forum consisted leading ladies from travel, tourism, hospitality and technology. “Female entrepreneurs do not get the same investment as male entrepreneurs, in the travel and tourism sector and I feel that is one area where change is required. There are female entrepreneurs and if they get funded and supported they will create business and employment opportunities which will give rise to the industry,” shared Nina Kubik-Cheng, VP  Media Solutions & Partner Marketing – Wego. She shared the importance of investing in women entrepreneurs as one of the guests who is an entrepreneur herself with her own agency posed a question. Mariyam Kapasi Founder of Amore Travel and Tourism shared about her journey as a female entrepreneur.  

The World Travel & Tourism Council (WTTC) revealed positive signs of recovery for the Travel & Tourism sector in Dubai and Abu Dhabi as overseas travellers head back, providing a much-needed boost to economies across the country. The report, researched in partnership with Oxford Economics, analysed key indicators such as Travel & Tourism’s contribution to GDP, employment and traveller spend. The analysis of the impact of the Travel & Tourism sector in both cities shows that, the direct GDP contribution, jobs, and visitor spending are all bouncing back. The WTTC Cities Economic Impact Report shows that in 2019, the Travel & Tourism sector contributed almost AED 51BN to Dubai’s and AED 12.5BN to Abu Dhabi’s economy. But although the pandemic had a damaging effect for many countries around the world, the UAE demonstrated remarkable resilience.  In 2020, Travel & Tourism’s GDP contribution in both cities dropped by more than half. In Dubai it fell to AED 19.5BN and in Abu Dhabi it fell to just AED 6BN.  But the global tourism body’s research shows a strong recovery for both cities.  Dubai’s Travel & Tourism sector is forecast to have reached AED 46BN, only 10% below 2019 levels and Abu Dhabi’s Travel & Tourism sector is expected to have grown to AED 11BN last year, just 12% below 2019 levels. Julia Simpson, WTTC President & CEO, said: “City destinations in the UAE continue to grow in popularity for travellers from around the world. “Although these key cities were heavily affected by the pandemic, they have shown incredible resilience and signs of growth. The UAE’s Travel & Tourism sector is on the road to recovery, demonstrative of the wide appeal tourist destinations …