• Arabian Travel Market to spotlight luxury travel as global demand rises

    Arabian Travel Market to spotlight luxury travel as global demand rises

    Travel Biz News / Shamal Communications —

    Dubai: Arabian Travel Market (ATM) is set to highlight the thriving luxury tourism sector when it returns to the Dubai World Trade Centre from 28 April to 1 May. Bringing together top-tier hospitality brands, influential industry figures, and innovative travel destinations, the event will showcase the latest trends and insights that are shaping the high-end travel segment.

    According to McKinsey and Company, demand for luxury tourism and hospitality is expected to grow faster than any other industry. This is predominantly due to the rising number of high-net-worth individuals globally and a growing segment of aspiring luxury travellers willing to allocate larger proportions of their income to premium experiences.

    The research suggests that luxury tourism and hospitality will reach USD391 billion by 2028, up from USD239 billion in 2023, with Asia gaining significant ground in the market segment. Data recently issued by the Statistical Centre for the Cooperation Council for the Arab Countries of the Gulf revealed that GCC states earned USD 110.4 billion in international tourism revenues in 2023.

    Danielle Curtis, Exhibition Director ME, Arabian Travel Markets, said: “The increase in inbound tourism from Asia and the growing wealth in this region create a major opportunity for Middle Eastern tourism, especially in the luxury sector. At ATM, Asia is among our fastest-growing markets for exhibitors, boasting a 27% increase in exhibitors from the region this year. National Tourism Organisations (NTOs) from destinations like Japan, Maldives, South Korea, India and Thailand are driving this growth, alongside regional tourist boards .”

    The GCC region is ideally positioned to cater to high-net-worth travellers seeking leading hotels and exclusive experiences. To meet rising demand, GCC countries are on track to add 400,000 hotel rooms by 2030, following the addition of 35,000 rooms in the last decade.

    ATM 2025 will feature some of the world’s top-rated luxury destinations, such as the Maldives and Mauritius, as well as Peru, which will return to ATM after ten years.

    Visitors will be able to discover the country’s luxury offerings, including glamping in the Ica Desert and the Sacred Valley, luxury Amazon cruises, and train journeys across the Andes, where breathtaking landscapes meet world-class service.

    ATM is the leading global event for the inbound and outbound travel industry in the Middle East and is set to host over 47,000 attendees this year. Uniting an international community of travel professionals from Leisure, Luxury, Business Events and Corporate Travel, the event generates USD2.5billion in deals annually.

    Held in conjunction with Dubai World Trade Centre, ATM 2025’s strategic partners include Dubai’s Department of Economy and Tourism (DET), Destination Partner; Emirates, Official Airline Partner; IHG Hotels & Resorts, Official Hotel Partner; and Al Rais Travel, Official DMC Partner.

    19 March 2025

    Photo : ATM Secretariat

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