| | AUGUST 20244 Editorial Business Leadership ChroniclesVol 3 · Issue 1-8 · AUGUST, 2024Publisher Alok ChaturvediManaging Editor Sujith Vasudevan Manager - DesignPrabhu Dutta A.R.N RayNoidaRohit Raghubanshi Akshay Shettyadvertise@ceoinsightsasia.comEditorial queries editor@ceoinsightsasia.comTo subscribeVisit www.ceoinsightsasia.com/subscribe/ or send emailto subscription@ceoinsightsasia.comMagazine Price is $50 per issuePublisher Alok ChaturvediPrinted and Published By Alok Chaturvedi on behalf of InfoConnect Web Technologies India Pvt. Ltd., and Printed at Executive Prints - 113/7, Ground floor, Old madras road, Halasuru, Bangalore - 560008 and Published At No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugeshpalya, Bangalore-560017.Copyright © 2024 InfoConnect Web Technologies India Pvt. Ltd., All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher.Designer Surbhi SumanVP - Sales & Marketing Amrit Kumar Singh Circulation Manager Magendran PerumalEditorialRoshan Akthar Keerthana Kantaraju Nalini Bramhanapalli Roopalatha H. Viswanathan A The Arabian Peninsula envisions diversifying its oil-based economy into everything from technology to sports, and tourism is a deliberate attempt to realize a new vision and set a new image. For the first time in its modern history, the Middle Eastern countries, including Oman, is stepping its foot off the accelerator of the Oil business. The private corporate sector has enormous responsibilities on its shoulders. Attracting travelers from around the globe to Oman is a big part of this future. According to the recently released World Travel and Tourism Council (WTTC) Economic Impact Research (EIR) report, Oman fosters a bright future for Oman's Travel & Tourism sector. The report states that the country's tourism industry is set to recover and reach new heights this year. The VisaGuide.World report predicts that as a result of this, the sector will enhance its GDP contribution to over OMR 3.3 billion in 2024, representing 7.6 percent of the country's total economy. The industry is also likely to employ over 206,000 individuals across the country, with one in every fourteen people working within this sector.Simultaneously, domestic visitor spending is also expected to flare in magnitude, hitting OMR 1.5 billion and surpassing the 2019 figure by approximately eight percent. On the other hand, international visitor spending is still expected to fall short of 2019's OMR 142.3 million. However, it is projected to keep growing throughout 2024. We dedicate this special yearly issue of CEO Insights to the business leaders in Oman. Do let us know your thoughts. Do let us know your thoughts.Sujith VasudevanManaging Editoreditor@ceoinsightsasia.comThe Great Omani Dream
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