The Middle East tourism market, whose valuation stands at US$ 246 billion as on 2022, is projected to grow at a CAGR of 5%, and the valuation is expected to go up to US$ 400.71 billion in 2032. Being a religious hub and offering tourists an experience of both modern society and ancient spots, the Middle East tourism market is expected to grow, the agencies reported.
Middle East is one of the most popular destinations, especially amongst the people residing in Indian subcontinent. Middle East is known for offering a variety of places where we can go for sightseeing, fun activities, and many other things.
The Middle East is mainly located in Western Asia, but there are a few parts that go up to South East Europe and North Africa. The Middle East is mainly characterised by warm climate. The summers are extremely hot, and the temperature goes up to as high as 710C, while the winters are milder.
The Middle East tourism market size is anticipated to increase in the future. Some of the key market players are: Explorer Tours, I Love Adventures, Bin Dasmal Tourism LLC, Compass International Tours, Al Majid Travel and Tourism, Expedia, Kurban Tours, Sun and Sand Tourism & Travel, Thomas Cook, Saadi Tours and Travels.