Tourism & Leisure

Tourism & Leisure

Bahrain offers significant potential for investors in its extensive tourism sector. You have access to 36 million consumers across the six countries of the GCC (Gulf Cooperation Council) and 400 million in the overall MENA (Middle East and North Africa) region – a market currently worth US $1.6 trillion. In addition, regional tourism is expanding faster than global tourism, at 5%1. Statistics aside, Bahrain has been selected as Arabian Capital of Culture (2012), Capital of Arab Tourism (2013), Capital of Asian Tourism (2014) and GCC Capital of Tourism (2016) - proof of the Kingdom's status as a regional and international visitor hub.

In Bahrain, we are seeing the result of strong regional population growth and a younger demographic with greater disposable income in a culture of consumer spending in our hospitality venues, restaurants and shopping outlets. By investing or operating here, this potential is open to you.

 

Enjoy Distinct Business Advantages

As with many other sectors, Bahrain makes running a business simpler and more profitable. We have the region’s most highly skilled multilingual local workforce – a valuable asset for businesses that rely on top-quality customer service. We ensure that establishing a business is as easy as possible, with expert assistance, minimal bureaucracy and low set-up and ongoing operating costs. As evidence, Bahrain rates highly in the World Bank Ease of Doing Business Index, at 53 out of 189 countries2. Bahrain also ensures considerable business freedom in the region’s most open commercial environment – with, for example, 100% foreign ownership for most business activities, the ability to purchase land throughout the Kingdom for commercial use, full repatriation of capital, dividends and profits, and a favourable tax regime. Consequently, Bahrain ranks 18th in the world for business freedom3 and 11th for business environment4.

 

Bahrain Tourism is Growing Steadily

 
Tourism-Infographic.png
 

Pursue Commerical Opportunities

Bahrain has identified several districts and areas that offer major prospects for tourism investors. A wide range of key players, including global brands, operate in Bahrain or are due to launch soon – a real sign of confidence in our tourism sector. The Kingdom hosts a large number of day visitors. There is an excellent opportunity to convert many of these day-stays into longer vacations through greater diversity in products and services.

Accomodation
​Four- and five-star hotels continue to open in Bahrain but, due to the increasing regional trend towards lower-cost holidays, there is a gap in high-quality mid-range (three-star) accommodation for leisure and business travellers. There is also a greater need for serviced apartments and villas to meet demand for affordable family-based tourism, principally from Saudi Arabia and the rest of the region. 

 

DSC_5647.JPGAttractions and Activities
Bahrain already provides a wealth of facilities offering premium family entertainment. However, there is the potential for additional developments that offer recreational activities such as outdoor and water sports, as well as amusement parks.

 
 
 
Dining

Four- and five-star hotels continue to open in Bahrain but, due to the increasing regional trend towards lower-cost holidays, there is a gap in high-quality mid-range (three-star) accommodation for leisure and business travellers. There is also a greater need for serviced apartments and villas to meet demand for affordable family-based tourism, principally from Saudi Arabia and the rest of the region.

 

 
Saks-Fifth-Avenue.jpgRetail
As well as atmospheric souks such as the Muharraq or historic Bab Al-Bahrain in Manama, Bahrain offers major shopping centres like the Moda Mall, Bahrain City Centre, Seef and Al A’ali. Tourists and residents continue to look for unique retail experiences in neighbourhood shopping complexes.

 

Find out more about what Bahrain has to offer

To find out more about Bahrain's unique Tourism & Leisure offerings, read more below:
Tourism-Factsheet-Thumbnail.png

 
 
 
_________________
1 World Travel and Tourism Council
2 World Bank, 2015
3 The Heritage Foundation Index of Economic Freedom, 2015
4 World Economic Forum 2015 Travel and Tourism Competitiveness Report
5 World Economic Forum 2015 Travel and Tourism Competitiveness Report