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JH&RE '08

Jordan Hotel & Restaurant
Supplies & Catering Equipment Exhibition

Radisson SAS Hotel, Amman

April 17-19, 2008


Jordan Tourism Industry is growing rapidly

The tourism sector is considered to be one of the most important sectors in Jordan's economy, constituting 10.5% of GDP in 2005, and grew at a CAGR of 7.9% during 2001 to 2005. Jordan is a destination with many iconic tourist attractions, such as Petra, Wadi Rum, and the Dead Sea. Tourism has been also a major driver of the real estate market in Jordan as well with many projects under construction coming up shortly in the tourism sector. Total tourist arrivals in the Middle East region stood at around 38.4mn in 2005, accounting for 4.8% of the world's total tourist arrivals. Jordan accounted for 7.8% of total tourist arrivals in the Middle East region in 2005, which grew by 4.7% on a year on year basis. All the figures point out that tourism in Jordan has been growing at a steady rate. The total number of tourist arrivals in Jordan grew at a CAGR of 7.5% during the four years from 2002 to 2005. The number of nights occupied grew at CAGR of 16.7% during the same period, while the number of rooms grew at CAGR of 17.6%. Occupancy rates in Jordan's hotels stood at 48% in 2005 up from 32% in 2002.Employment in the tourism sector also grew at a CAGR of 11.3% during the same period indicating the upbeat activity in the sector

Tourism Drives Hotels & Restaurants Industry

Tourism, with $1.44 billion of revenue in 2005, has revitalized not only the HRI sector; with 9 percent of gross domestic product, it makes an important contribution to the total economic picture of Jordan. It is the second largest private sector employer and the largest source of foreign exchange.

About 35 percent of hotel revenues come from food and beverage sales. In 2005, around 5.8 million visitors arrived in Jordan. There are, however, some near-term constraints on tourism growth, due to political unrest, high air fares, and petroleum costs.

Of the restaurant industry, the fast-food segment is experiencing the most growth, serving mainly Middle Eastern foods, hamburgers, and pizza. Fast-food restaurants are expected to increase at least 25 percent over the next five years. Upscale restaurants are also making headway, especially in the capital city Amman; they feature Western, Asian, and Mediterranean cuisines.

Who Should Exhibit:

Suppliers of products and services to the hotel, resorts and restaurant industry - See Profile

Who Should Attend:

Hotels, Resorts and Restaurant owners, operators, managers, engineers and consultants, designers, service engineers, contractors and decorators, importers, dealers and business persons interested in the hospitality supplies sector.

MEEF Int'l Event Management
Nasser Center, Gardens Str.,

P.O.B 2390 - 11953 Amman
Jordan

Tel: +962 79 940 8127

E-Mail   :
JHRE@eng-forum.com    
Website: www.eng-forum.com/JHRE 

 

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