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India-based travel research and advisory firm VIDEC Consultants has conducted a pioneering study sizing the travel market opportunity across the GCC and Egypt, utilizing a robust demand-side methodology to provide insights into the air and hotel segments. The analysis spans Saudi Arabia, UAE, Qatar, Kuwait, Oman, Bahrain, and Egypt, with a specific focus on the role of online travel intermediaries.
This independent and comprehensive research emphasizes bookings made through local points of sale (POS), offering a detailed view of the UAE’s actual travel market dynamics. The UAE’s total air market was valued at USD3.9 billion in 2023, with projections reaching USD5.4 billion by 2028. This positions the UAE as the second-largest air market in the region, trailing only Saudi Arabia, which is valued at USD6.3 billion in 2023.
Within the UAE’s air market, the online segment is estimated at…
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