792-Dr. J. K. Patel Institute Of Management - Gujarat Technological ...

fixed charge. As of 2 January 2011, Canadian citizens must acquire a visa prior to
travelling to the United Arab Emirates.
Present Trade of tourism affects GDP in UAE & INDIA
Comparison of GDP of Indian and UAE Tourism Industry
‣ UAE Tourism contributed 14% to UAE's GDP in 2012
A recent report by the World Travel & Tourism Council (WTTC) showed that the
UAE's travel and tourism industry is growing at a faster pace than the world growth
average, Arabian Business reported.
According to the report, the tourism sector contributed 14 percent to the UAE
economy in 2012, well above the global trend of 9 percent.
The report also said that the industry brought USD52.7 billion to the Gulf state's
gross domestic product in 2012, expecting the figure to increase by 3.2 percent this
year.
The data released by the WTTC also showed that one in nine of all jobs in the
country are resulting from the industry, which beats the global average of one in 11
jobs.
Travel and tourism has created a total of 383,500 jobs in the UAE in 2012 and is
expected to further rise by 2.6 percent to 393,500 jobs this year, compared with a
global expected increase of 1.7 percent, the data showed.
WTTC said that USD22.54 billion or almost 23 percent of the country's total
investment last year, was injected into the industry in 2012, and the amount is
expected to rise by 12 percent in 2013.
It is worth noting that the UAE is expected to receive a total of 25.8 million tourists
Parul Institute of Management and Research - 792 Page 120