Emerging markets boost travel industry
The emergence of new and emerging destinations is helping to boost interest in foreign travel.
According to the World Tourism and Travel Council (WTTC), the tourism industry has been growing at a considerable rate for the last few years.
This has been partly attributed to the growing popularity of previously untapped markets such as the Middle East among foreign leisure travellers.
The United Arab Emirates, for example, has become a highly popular holiday destination and property investment spot in recent years.
Jean-Claude Baumgarten, president of the WTTC, commented: "The Middle East is becoming a place where people travel a lot both regionally and internationally."
He added that the international tourism industry is likely to see annual growth of about 4 to 5% over the next 10 years.
The comments come after Holidays-Direct revealed that the United Arab Emirates is attracting a higher-than-average number of bookings this year.
Visit our off-plan property United Arab Emirates page.
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