Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

RAK?s tourism industry sees vast growth potential ahead  Join our daily free Newsletter

MENAFN - Khaleej Times - 08/05/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Khaleej Times) Emirate attracts investments from major international brands

the ras al khaimah tourism development authority (rak tda) sees huge growth potential in the emirate’s tourism sector due to its diverse landscape rich heritage temperate climate and openings of top-notch hotels and resorts in man-made marjan island its top official says.

steven rice chief executive of rak tda said the emirate is fast establishing itself as a global tourism destination with huge potential for investment in hospitality projects.

“we attracted major regional and international brands including hilton worldwide banyan tree hotels and resorts and rotana hotels & resorts to open premium luxury beach resorts and city hotels to accommodate the growing number of holidaymakers in the emirate” rice told khaleej times on the sidelines of arabian travel market.

he said ras al khaimah’s tourism sector has grown significantly in recent years due to initiatives taken by the government to promote the hospitality industry in the emirate. the emirate has attracted investments from major international brands and saw three new hotels opening on al marjan island in the first quarter of 2014.

“the hotels opening on al marjan island are the 655-key rixos bab al bahr resort which is the largest all-inclusive resort of this magnitude in the uae; the 301-room marjan island resort and spa; and 484-key double tree by hilton resort and spa marjan island” he said.

“the 265-room santorini hotel a part of the bin majid group is also scheduled to open by the end of 2014” he said adding that the increase of five-star resorts and hotels have aided the increase of tourism in the region.

rice said ras al khaimah reported 1.24 million guest nights in 2013 and this year it will increase further due to new openings of more hospitality projects in the emirate.

“during november 2013 ras al khaimah attracted over 172000 visitors which represents more than a 54 per cent increase in visitor numbers compared to november 2012” he said.

“since the rak tda was established in may 2011 one of our main goals has been to increase the total number of annual visitors” he added.

to a question regarding impact of air arabia operations from ras al khaima he said the airline will be flying to and from destinations such as cairo jeddah and muscat which will give greater incentives for tourists to visit the emirate.

“being the fourth hub of the airline it will provide an additional means of transportation to ras al khaimah which in turn will increase footfall into the emirate” he said.

about the core markets for ras al khaimah he said the emirate has three strong source markets — the uae germany and russia which collectively account for around 70 per cent of tourists to the emirate.

“the number of total visitors to ras al khaimah from january to november 2013 the main visitor source markets to ras al khaimah were the uae germany russia uk ukraine italy czech republic sweden india switzerland and france. the visitors number grew by 49 per cent over two years.

“rak tda is currently focusing its efforts in expanding their source markets and has placed an additional focus on developing visitor numbers from our top-10 markets which include cis italy india uk as well as from other up-and-coming tourism markets such as ksa and china.

“we see important potential for development in these markets whilst we also continue to grow our presence in the uae germany and russia which are historically ras al khaimah’s key markets” he said.

about the initiatives to promote tourism in the emirate he said ras al khaimah tda will continue to build on ras al khaimah’s tourism infrastructure both by encouraging international investments and by developing local talent and business opportunities.

“our activities span hospitality training programmes coordination of the joint initiatives with key travel industry players representing the emirate at trade shows and developing compelling marketing and investor collateral.

“we have attended trade shows in saudi arabia germany and uk this year and has recently hosted a major media trip from cis countries to ras al khaimah. in april 2014 we have appointed general services agent in italy china and india to promote the destination within emerging markets.

“ras al khaimah tourism development authority also supported the initiative of the largest russian tour operator coral travel to launch new charter flights from moscow in terms of maintaining the constantly growing traffic from russia.” at atm he said rak tda is showcasing the latest openings in marjan island. the development consists of a cluster of five coral-shaped islands extending over 2.7 million square metres.

“the government of ras al khaimah will also be discussing their future plans and opportunities for investment to further enhance the tourism infrastructure for the emirate starting with their 500 million investment in tourism development projects” he said.

“ras al khaimah is fast establishing itself internationally as a premier global affordable luxury destination from its year round pleasant climate stunning landscapes to its vast outdoor adventure offerings. the emirate has all the elements for the ideal getaway.”

— muzaffarrizvi?khaleejtimes.com


 


Khaleej Times




  MENA News Headlines
 Dec 21 2014 - Saudi- Muhammad Ali hospitalized with mild pneumoniaArab News
(MENAFN - Arab News) LOUISVILLE: Boxing legend Muhammad Ali was in stable condition after being hospitalized with a "mild" case of pneumonia his spokesman Bob Gunnell said.The 72-year-old Ali was ...

 Dec 21 2014 - Al-Naimi is 'confident' oil prices will improveArab News
(MENAFN - Arab News) ABU DHABI: Petroleum and Mineral Resources Minister Ali Al-Naimi said he was confident world prices would improve after a slide he blamed partly on 'lack of cooperation' by ...

 Dec 21 2014 - Irresponsible non-OPEC output behind oil price plunge: UAEArab News
(MENAFN - Arab News) ABU DHABI: "Irresponsible" levels of output by producers from outside the OPEC oil cartel is among the main causes of the slump in prices the UAE energy minister charged ...

 Dec 21 2014 - Gulf oil producers stand firm on OPEC outputAFP
(MENAFN - AFP) Oil-rich Arab Gulf countries stood firm against non-OPEC crude producers on Sunday, vowing they will not cut output nor hold an emergency cartel meeting to support slumping ...

 Dec 21 2014 - Saudi produces 74 percent of GCC polymer capacityMENAFN
(MENAFN) The National Petrochemical Industrial Co. (NATPET), a Saudi joint stock company, has revealed that 74 percent of the GCC's polymer capacity, totaling 17.6 million tons, was produced in the ...

 Dec 21 2014 - Algeria worried on falling oil pricesMENAFN
(MENAFN) Algeria, which oil revenues make up 97 percent of its hard currency earnings and 60 percent of the government's budget, is beginning to feel the impact of the fall in oil prices that led it ...

 Dec 21 2014 - UAE's non-oil trade hits USD142b in H1MENAFN
(MENAFN) The UAE's Federal Customs Authority (FCA) said that the value of direct total foreign non-oil trade has reached USD142.8 billion during the January-June period of 2014, Arabian Business ...

 Dec 21 2014 - UAE slams non-OPEC members on rising oil productionMENAFN
(MENAFN) The UAE's Ministry of Energy said that the decision made by the Organization of the Petroleum Countries (OPEC) not to cut production was correct despite the prices continuing with their drop ...

 Dec 21 2014 - Oman's OLC, Spanish CLH sign USD320m contractMENAFN
(MENAFN) Orpic Logistics Company (OLC), a joint venture between Oman Oil Refineries and Petroleum Industries (Orpic), announced it has signed an engineering, procurement and construction (EPC) ...

 Dec 21 2014 - UAE's Hakkasan acquires USD36m The Light GroupMENAFN
(MENAFN) Hakkasan Group, the hospitality and entertainment company owned by Abu Dhabi-based Tasameem Real Estate, announced it has acquired The Light Group from Morgans Hotel Group (MHG), Arabian ...

more...


 






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help