Qatar Banking & Financial Services Q4 2019
We hold a bright outlook for the Qatar tourism industry and expect the market to post steady gains over the mediumterm to 2023. A multitude of drivers will support momentum including a robust, capital-intensive infrastructure pipeline andexpansive economic diversification efforts to foster new economic verticals. Furthermore, we expect the broader mandate of thenewly established National Tourism Council to bode well for the sector as aggressive marketing strategies to brand the country as aluxury holiday destination begin to yield dividend. We further highlight that the 2022 FIFA World Cup will continue to driveinvestments leading up to the tournament and will pave the way for the official objective of welcoming 10mn annual visitors by2030.
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