Mashroo3k Consulting Company offers a feasibility study for a tourist resort project in Iraq, on an area of 30 thousand square meters, with the highest profit return and the best payback period, through a set of accurate studies of the size of the Iraqi market, analyzing the strategies of local and foreign competitors, and providing competitive price offers.
<The (tourist resort) is building a chalet complex on an area of 30 thousand square meters, according to high standards of luxury. The tourist resort provides rental services, in addition to other hotel services. The project targets individuals and tourism companies. The tourist resort is one of the promising projects in Iraq in light of the new reconstruction and reconstruction policies. Mashroo3k Consulting Company provides investors wishing to invest in a tourist resort project in Iraq with a set of specialized feasibility studies, based on modern databases specific to the Iraqi market, which help the project succeed and achieve the highest return on investment and the best payback <
Executive Summary
Study of project services/products
Market Size Study
Risk study
Technical study
Financial study
Organizational and administrative study
The Tourism Sector in the Gulf Cooperation Council (GCC) Countries
The tourism sector is one of the most significant contributors to the global GDP. Its direct contribution accounts for 3.3% of the total global GDP, while its overall contribution reaches 10.4%, amounting to $9.2 trillion.
The sector’s workforce represents 10.6% of all jobs, equating to 334 million jobs worldwide. Additionally, global spending on leisure travel is estimated at $2.37 trillion.
Notably, the tourism sector continues to grow steadily, generating one out of every four new jobs globally.
This provides a brief overview of global tourism indicators. Now, let’s explore the key indicators of the sector within the Gulf Cooperation Council (GCC) countries.
As for the sector indicators in the Gulf Cooperation Council countries, we will present them below:
There is no doubt that the COVID-19 pandemic had a significant impact on the decline of global travel and tourism indicators. The sector’s contribution to the global GDP dropped to 6.1%, down from 10.3% in the year prior to the pandemic.
However, the sector has recently begun to recover, as confirmed by global indicators.
For this reason, Mashroo3k strongly recommends investing in this vital sector, based on the following factors: (List of reasons follows).
Global Tourism Sector
By the end of 2021, the contribution of travel and tourism to global GDP increased by 21.7% compared to the previous year, when the Corona pandemic affected the sector. The value of the sector’s contribution to global GDP amounted to approximately 5.81 trillion US dollars. It is noteworthy that the global tourism market was valued at approximately 1.311 trillion US dollars, and the value of this market is expected to rise to 2.291 trillion US dollars by 2030 (excluding the results of the pandemic year).
