MASSIVE INCREASE IN TRAVEL BOOSTS THE FORTUNE OF TRAVEL AGENTS IN KUWAIT

  • 30/06/2022

Kuwait City: According to reliable sources, sales of travel and tourism offices in Kuwait nearly doubled to around KD 112 million from January to May 2022, compared to the same period in 2021, when it was approximately KD 23 million. According to the reports, there are 430 travel agencies in Kuwait.


The rise in sales is related to the revival of the travel and tourist industry, the removal of limitations imposed in most destinations around the world, and the desire of both citizens and residents to travel after a long period of inactivity. 

The most popular summer holiday locations for Kuwaitis are Turkey, Dubai, and various European countries, but the majority of citizens stay in their home country. Following the outbreak, airline ticket prices soared. The main reason for the hike was an increase in oil prices, as fuel is the most expensive component for airlines. The first five months of 2022 saw a massive increase compared to the same period in 2021, with sales of travel and tourism companies jumping to KD 12.66 million in January, an increase of 1.16 times compared to the same month in 2021. 

In February 2022, sales climbed approximately 5.5 times to KD 22 million, up from KD 3.36 million in February 2021. The largest increase in sales of travel and tourism companies in March was almost 6.64 times, with revenues reaching KD 25.49 million compared to KD 3.33 million in March 2021.

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