Qatar aims to raise share of tourism and travel industry to GDP to 12% by 2030: Alpen Capital

Qatar is aiming to raise tourism and travel industry’s contribution to its GDP to 12% by 2030, according to Alpen Capital.The country aims to attract over 6mn visitors by then, Alpen Capital said in its report on ‘GCC Hospitality Industry’.The growth in Qatar’s tourism industry is attributed to supportive government campaigns and the frequent hosting of international events as part of the country’s Tourism Strategy 2030.To support the surge in tourism, the country has a strong lineup of hotel projects under construction.By the end of 2023, Qatar has had over 36 projects underway, with some 8,922 rooms under construction.Qatar’s hotel room supply amounted to 37,539 keys in 2022, accounting for 4.4% of the…