Middle East Travel Market Report 2023-2027

Summary

The Middle East travel market is experiencing resurgence, with gross bookings growing by 13% year-over-year in 2023, outpacing regional GDP growth. Online bookings continue to grow in absolute numbers and importance, as travel providers embrace technological advancements in personalization. Growth is driven by increased digital adoption and expanded travel options, catering to a variety of traveler niches as this booming market matures. Airlines and hotels have seen significant gains, with imminent plans for further expansion. Overall, the Middle East is poised for continued, steady growth as it takes full advantage of its strategic global position and the offerings it can permit.

The Middle East travel market includes several key country markets: the UAE, Saudi Arabia, Qatar and Egypt. This report provides market sizing, projections and key segment analysis for the Eastern Europe travel industry through 2027.