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 The Islamic Chamber of Commerce , Industry and Agriculture (ICCIA)

COMCEC TOURISM OUTLOOK 2015

Source : COMCEC

Category : Tourism

Publish Date : August 1, 2015

ABOUT PUBLICATION

Tourism industry has experienced continued expansion and diversification, becoming one of the most rapidly developing industries in the world. From an activity maintained by privileged people only some decades ago, tourism today enables more than one billion people to move across international borders each year. Globalization of goods and services, increased leisure time, the technological and transport revolutions and rising middle classes, have positioned tourism as one of the world’s leading growth tool. Competition between the tourist-receiving countries has been growing increasingly to obtain the highest share from the expanding international tourism market as a result of the enhanced transportation facilities and additional income allocated to travel expenses, in line with the improving level of welfare.

This Outlook 2015 aims to provide a brief account of the situation in the OIC Member Countries. In this respect, the major issues with regards to tourism sector development in the light of international tourism trends, the current status of the member countries and some comparisons regarding competitiveness of the OIC Member States will be analyzed.

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