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Middle East Travel Market Update 2020
- Published:
- July 2020
- Research Type:
- Report
- Format:
- HTML
- Figures:
- 7
- Segments:
- Air, Car Rental & Ground Transportation, Hotels & Lodging, Online Travel Agencies
- Regions:
- Middle East & Africa
Summary
Prior to the emergence of the COVID-19 crisis in early 2020, travel suppliers in the Middle East enjoyed a 6% increase in gross bookings in 2019, attributable in part to several highly anticipated events planned for the region. However, the coronavirus pandemic has triggered major losses in the Middle East travel and tourism sector, due to lockdowns and the cancellation of millions of bookings across all travel segments.
This report presents a high-level overview of the Middle East travel market in 2020, including the impact of the pandemic on major players, key segment analysis, and sizing and projections through 2020.
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What is Open Access
An Open Access subscription provides company-wide access to the whole library of Phocuswright’s travel research and data visualization.