![]() ![]() At Mastercard, we remain committed to keeping a pulse on the impact of these trends, to continuously drive innovations in the sector that would further simplify the payments journey for consumers during their travels,” he added. This highlights the phenomenal growth of the sector in recent years as the world becomes more connected and people become increasingly inclined to travel and explore new and distant lands. “Another interesting insight that has surfaced from the GDCI 2017 findings is that travel and tourism spending is higher than global GDP growth. The city’s retail sector coupled with its year-round calendar of festivals, events and a wide range of shopping experiences, also continues to be a huge draw for international visitors as supported by its ranking as the top global destination in terms of visitor expenditure.” With its relentless focus on continuously innovating its business and leisure infrastructure and offerings, Dubai continues to reinforce its position on the world map as a highly attractive destination for visitors of all ages and nationalities. ![]() Khalid Elgibali, Division President for Middle East and North Africa, Mastercard, shared: “Dubai’s top rankings in the ninth Mastercard Global Destination Cities Index reaffirms the strength of the emirate as a leading global travel, tourism and shopping destination. Abu Dhabi, with a Compound Annual Growth Rate (CAGR) of 18.9 percent between 20 in its growth of visitors, also retained its position as the fastest growing city in the Middle East and Africa, and is the fourth fastest growing city globally. The emirate welcomed 14.87 million international overnight visitors in 2016, with an expected continued growth of 7.7 percent for 2017.ĭubai continues to be the city with the highest international overnight visitor spend, amounting to $28.50 billion USD in 2016. Abu Dhabi is Middle East and Africa's fastest-growing city with a 2009 - 2016 CAGR of 18.9%ĭubai, UAE – Dubai has retained its ranking as the fourth most popular travel destination in the world, according to the ninth annual Mastercard Global Destinations Cities Index.Emirate retains position as world's fourth most popular destination with 14.87 million international overnight visitors in 2016.Dubai has highest international overnight visitor arrival spend at $28.50 billion USD.
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