Page 51 - Kuwait-Three-Years-Business-Outlook-2019-2020-2021

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Kuwait Hospitality Sector by World & Travel Tourism Council

KHOA

DIFFERENT COMPONENTS OF TRAVEL & TOURISM

Leisure travel spending Domestic travel spending
(inbound and domestic) generated 88.5% of direct Travel
generated 70.9% of direct & Tourism GDP in 2017 compared
Travel & Tourism GDP in 2017 with 11.5% for visitor exports (ie
(KWD1,247.2mn) compared foreign visitor spending or
with 29.1% for business travel international tourism receipts).
spending (KWD512.1mn).
Domestic travel spending is
expected to grow by 5.0% in 2018
Business travel spending is
expected to grow by 10.8% in to KWD1,635.5mn, and rise by
2018 to KWD567.5mn, and 4.9% pa to KWD2,633.2mn in
rise by 5.5% pa to 2028.
KWD965.0mn in 2028.
Visitor exports are expected to
Leisure travel spending is grow by 21.5% in 2018 to
expected to grow by 5.3% in KWD245.4mn, and rise by 4.5%
2018 to KWD1,313.4mn, and pa to KWD380.0mn in 2028.
rise by 4.5% pa to
KWD2,048.2mn in 2028

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