Qatar, one of the fastest growing tourist destinations in the Gulf, is entering a decade long facelift to improve the country's tourist facilities. This is all part of a $65 billion investment plan Qatar has put in place ahead of the 2022 football World Cup.
According to Qatar Tourism the country will see a decade long period of development and growth, with over 85,000 new hotel rooms expected by 2022. Mark Walsh, portfolio director at Reed Travel Exhibitions said that “tourist arrivals in Qatar are expected to rise at a CAGR of 1.9% between now and 2022, and the government’s US$65 billion commitment to infrastructure development has proved to be a major incentive for long term investment by leading hospitality providers.”
Since 2012 Qatar’s capital city Doha has added several upscale hotels to its portfolio, with the St Regis Doha, Intercontinental Doha and the country’s first Hilton all opening that year. At current, a second Four Seasons is under development in the capital, along with a series of budget brand hotels.
Hotel room capacity is expected to grown by 9.1 per cent over the next five year in Qatar generating $1.1 billion for the tourism industry by 2016. “As world-class infrastructure projects gives rise to new economic opportunity, with tourist arrivals expected to reach as a many as 3.7 million by 2022, Qatar will see a transition from a predominantly business-led visitor profile to a stronger business-leisure mix with the football World Cup a milestone marker for the hospitality and tourism industry,” said Walsh.
The addition of a new airport in Doha in 2015 is expected to bring 50 million passengers to the country every year.