World Cup soccer, F1 racing bring tourism fortune to Gulf states
Sports tourism accounts for 10% of global tourism spending, but the Gulf region only captures about 5-7% of that, a PwC report says
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Formula 1 Grand Prix at Yas Marina Circuit last December in Abu Dhabi
Marquee events such as the 2022 FIFA World Cup in Qatar and Abu Dhabi’s F1 Grand Prix have helped establish Gulf countries as major-league hosts of global tournaments.
Now they stand to capture a significant share of the...