Expat Retirement Visas Could Boost Tourism Numbers at GCC Events and Attractions says ATM
ARIVAL Dubai @ ATM to focus on new expat visa options, which could provide a boost for regional events, attractions, activities and entertainment venues
- Visiting family friends of retirees will help to smooth peaks and troughs of high and low demand travel periods
- Gulf aviation sector to reap benefits of global market valued at $254 billion
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Providing expatriate workers, who qualify, with residence visas to stay beyond their working lives and the introduction of a series of other new visa options will be key for tourism and give a boost to attractions, activities and entertainment venues. This will be one of the topics addressed atArabian Travel Market (ATM),2022, which takes place on 8-11 May.
ARIVAL Dubai @ ATM, advances the creation of in-destination experiences by providing insights and a community for creators and sellers of tours, activities and attractions. It examines current and future trends and focuses on growing business through marketing, technology, distribution, thought leadership, and executive-level connections.
It is estimated that there are currently over 35 million expatriate workers in the GCC countries and there could be a sizeable proportion of the white-collar community, that might want to retire in the GCC, even if it was only for a short period of time.
"With the means and time on their hands, it would be natural, not only for these retirees to travel, but also to receive family and friends. Airlines, hotels, destinations and other entertainment venues, all benefit from this additional revenue stream which ordinarily might have been lost, had the retirees returned to their home countries,"saidDanielle Curtis, Exhibition Director ME, Arabian Travel Market.
"In addition, it is hardly a coincidence that two of Dubai's top feeder markets in 2019, India with two million visitors and the UK, with 1.2 million visitors have communities in the UAE, of 2.6 million and 120,000 respectively, she added.
Spotting this potential, Dubai Tourism in collaboration with the General Directorate of Residency and Foreigners Affairs (GDRFA-Dubai), has already launched an initiative called'Retire in Dubai', the first of its kind in the region, a practical framework with certain minimum financial requirements, whereby residents of Dubai who are approaching retirement age, can apply for a renewable, five-year retirement visa.
"If this initiative is a success, it is more than likely that other GCC nations will follow at some point. Retired expatriates would undoubtedly contribute significantly to the tourism sector, receiving family and friends and continuing to enjoy a quality lifestyle that they have become accustomed to,"added Curtis.
Worth $254 billion globally in 2019, the tours, activities, and attractions segment of travel and tourism is not just the third-largest part of travel; it is why many people travel in the first place. Providing just such a catalyst would be events and attractions, such as Expo 2020, FIFA World Cup 2022 in Qatar, Ain Dubai, as well as the upcoming tourism attractions in Saudi Arabia and the natural beauty of Oman.
Now in its 29thyear and working in collaboration with the Dubai World Trade Centre (DWTC) and Dubais Department of Tourism and Commerce Marketing(DTCM), the event, show highlights in 2022 will include, among others, destination summits focused on key source markets Saudi, Russia, China and India.
Travel Forward, the leading global event for travel technology which puts a spotlight on the latest, next generation technology for travel and hospitality, ATM buyer forums and speed networking events.
ATM 2022 will also host dedicated conference summits on the Global Stage, covering aviation, hotels, sports tourism, retail tourism and a special hospitality investment seminar. The Global Business Travel Association (GBTA), the worlds premier business travel and meetings trade organisation, will once again be participating at ATM. The GBTA will deliver the latest business travel content, research and education to drive the recovery and support growth in business travel. And in collaboration with Arival the in-destination voice, ATM will run a half day conference on 8th May or Day 1 of ATM.
ATM will play an integral role in Arabian Travel Week, a festival of events dedicated to travel professionals from all over world, to collaborate and shape the recovery of the Middle East travel industry, through exhibitions, conferences, breakfast briefings, awards, product launches and networking events.
Following 2021, ATM Virtual will once again take place within Arabian Travel Week to complement the live ATM show. With an extensive, high-level programme of webinars and a full schedule of video meetings available to exhibitors with key buyers around the world.
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About Arabian Travel Market (ATM)
Arabian Travel Market (ATM), now on its 29th year, is the leading, international travel and tourism event in the Middle East for inbound and outbound tourism professionals. ATM 2021 showcased over 1,300 exhibiting companies from 62 countries across nine halls at Dubai World Trade Centre, with visitors from more than 140 countries over the four days. Arabian Travel Market is part of Arabian Travel Week. #IdeasArriveHere
Next in-person event: Sunday 8 to Wednesday 11 May 2022, Dubai World Trade Centre, Dubaihttps://www.wtm.com/atm/en-gb.html
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About Arabian Travel Week
Arabian Travel Weekis a festival of events taking place within and alongside Arabian Travel Market 2022. Providing a renewed focus for the Middle Easts travel and tourism sector, it includes ATM Virtual,ILTM Arabia, Arival Dubai, Influencers events and activations, as well as Travel Forward. It also features the ATM Buyer Forums,ATM Speed Networking Events as well as a series of country summits.
https://www.wtm.com/arabian-travel-week/en-gb.html
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About RX (Reed Exhibitions)
RX is in the business of building businesses for individuals, communities and organisations. We elevate the power of face-to-face events by combining data and digital products to help customers learn about markets, source products and complete transactions at over 400 events in 22 countries across 43 industry sectors. RX is passionate about making a positive impact on society and is fully committed to creating an inclusive work environment for all our people. RX is part of RELX, a global provider of information-based analytics and decision tools for professional and business customers.www.rxglobal.com
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RELX About RELX
RELX is a global provider of information-based analytics and decision tools for professional and business customers. The Group serves customers in more than 180 countries and has offices in about 40 countries. It employs over 33,000 people, of whom almost half are in North America. The shares of RELX PLC, the parent company, are traded on the London, Amsterdam and New York Stock Exchanges using the following ticker symbols: London: REL; Amsterdam: REN; New York: RELX. The market capitalisation is approximately 33bn, 39bn, $47bn.*
*Note: Current market capitalisation can be found athttp://www.relx.com/investors
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About World Travel Market
World Travel Market(WTM) Portfolio comprises leading travel events, online portals and virtual platforms across four continents, generating more than $7.5 billion of industry deals. The events are:
WTM Virtual,is the WTM Portfolio virtual platform, created to offer global delegates the chance to arrange one-to-one virtual meetings, to do business, attend conference sessions and roundtables, take part in speed networking and more. WTM Virtual embrace the global leading travel shows in one platform.
WTM London, the leading global event for the travel industry, is the must-attend three-day exhibition for the worldwide travel and tourism industry. Around 50,000 senior travel industry professionals, government ministers and international media visit ExCeL London every November, generating over 3.71 billion in travel industry contracts.
WTM Latin Americatakes place annually in So Paulo and attracts around 19,000 tourism professionals during a three-day event. The show offers qualified content, as well as networking and business opportunities. In its ninth edition the first 100% virtual WTM Latin America followed its focus on effective business generation and reached the milestone of 4,200 meetings held between buyers, travel agents and exhibitors.
Next event: Tuesday 5 to Thursday 7 April 2022 Expo Center Norte, SP, Brazil
WTM Africalaunched in 2014 in Cape Town, South Africa.More than 6,000travel industry professionals attend Africas leading inbound and outbound travel and tourism market. WTM Africa delivers a proven mix of hosted buyers, media, pre-scheduled appointments, on-site networking, evening functions and invited travel trade visitors.
Next event: Monday 11 to Wednesday 13 April 2022 Cape Town International Convention Centre, Cape Townhttp://africa.wtm.com/
Aashif Shaikh
Mumbai, India