Bahrain’s tourism sector sees significant recovery in Q1

Bahrain’s tourism sector sees significant recovery in Q1

This indicates a return of normal life in the kingdom, which will contribute to promoting economic growth and will reflect positively on various productive sectors.

The Finance and National Economy Ministry recently issued a quarterly economic report on the performance of economic sectors during the fourth quarter of 2021 compared to the same period in the previous year, showing that the hotel and restaurant industry topped the non-oil sectors in terms of performance at fixed prices, achieving a 31.7pc growth, as the average hotel occupancy growth amounted to 65.4pc.

Such performance, however, appears to be heading towards further growth and improvement with an increase in organising events and conferences of regional and global reputation.

The kingdom’s hosting of the Formula 1 Gulf Air Bahrain Grand Prix 2022 from March 17 to 22, 2020 played a major role in supporting and revitalising the tourism movement in the kingdom. The four-day race achieved a great success and a remarkable turnout of 98,000 people, while 35,000 people attended on the day of the race, which represented a record in the history of the Bahrain Grand Prix.

The Economic Development Board (EDB) sought to benefit from the Formula 1 season as part of its role in promoting Bahrain