The tourism industry in Oman has continued to experience a strong growth for the past 8 years. In terms of nominal tourism GDP growth, the country has experienced a CAGR of 5% between 2013 and 2018. This is expected to grow further as there are a number of tourism projects in the coming years.
The Oman Conference Centre is a recent addition to the existing demand generators in the country. The conference center has already attracted a number of regionally popular events such as the Smart Cities and Industry 4.0 Summit, The Oman Real Estate Expo and Cirque Du Soleil Bazzar.
Aside from the recent increase in MICE demand, the country has also focused on increasing its accessibility through the opening of its new airport terminal. Oman expects a 10% increase in passenger traffic upon the introduction of the new airport terminal.