Why FIFA World Cup Qatar Can Be A Game Changer For The Region?
Post-Covid the market sentiment has nosedived for most economies. The oil-rich region has taken a big hit since travel restrictions have brought most industries on their knees. The hospitality sector has taken the biggest hot and real estate prices especially for commercial properties have crashed.
Major events that are likely to attract a global audience such as the Expo Dubai and the Qatar World Cup must be held as per latest schedules.
The World Cup presents a golden opportunity to welcome international guests and potentially enjoy 28 days of full occupancy. It is scheduled to take place in Qatar from 21 November to 18 December 2022. This will be the first World Cup ever to be held in the Arab world. This will be the second World Cup held entirely in Asia after the 2002 tournament in South Korea and Japan.
Unlike previous world cups where the match venues and match start times are set prior to the draw, the assignment of group fixtures for each matchday to a specific venue and kick-off time will only be made after the group stage draw, and once the teams of each specific fixture are known. This is possible due to the close proximity of the venues which will allow the organizers to optimize stadium allocation for spectators and suitable timings for a global television audience.
Over the one monthperiod, more than 1.5 million people are expected to fly into Qatar for the winter event, close to the tourism figures for all of 2019.Likewise, it is estimated that the FIFA World Cup Qatar 2022 could add US$20 billion to the national economy. This is equivalent to around 11 percent of Qatar’s GDP.
The FIFA World Cup presents a golden opportunity to welcome international guests and potentially enjoy 28 days of full occupancy in Qatar’s mushrooming hospitality industry.
Qatar is ready to showcase its modern infrastructure and the cosmopolitan mix of expats who love to work in the region’s highest per capita income economy. Once travel restrictions are lifted from Southeast Asia region and parts of Europe, Qatar will be ready to capitalize on years of planning and execution of large stadiums and supporting infrastructure.
Qatar will require spectators at the 2022 World Cup to have received coronavirus vaccines to get into games. A policy that will have to strictly implement to avoid any spread of coronavirus. Given the current scenario,those attending the games will be well advised to follow all WHO-recommended protocols to ensure the success of the event.
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