The global travel industry has rebounded rapidly from the 2009 financial crises and is poised for a period of sustained growth over the next decade, specifically in the Middle East, according to findings from Amadeus' latest global report - 'Shaping the Future of Travel - Macro trends driving industry growth over the next decade'. Globally, overnight visitor flows are expected to grow at 5.4% per annum over the next decade, significantly faster than GDP growth at 3.4%. Subsequently, the Middle East and Africa region is expected to witness even higher growth, at an annual rate of 11.9%, a few percentage points above the 8.4% growth registered over the previous 10-year period. Amadeus, a leading technology provider for the global travel industry, highlighted the key findings at the four-day Arabian Travel Market that opened on 5 May at the Dubai International Exhibition and Convention Centre. Antoine Medawar, Vice President, MENA, Amadeus, said: "It is encouraging to see such positive forecasts for our region. We can all feel optimistic signs of growth in the travel sector across most countries in the region, which is certain to have a halo effect on overall GDP." Written by Oxford Economics, the Amadeus-commissioned report forecasts a 7.6% growth in outbound travel spend for the Middle East and Africa over the next ten years, far ahead of Europe and the Americas but behind the substantial 17.9% growth for Asia. The Gulf region, due to its geographical position and the ambitious growth plans by its main international airlines is set to benefit from this 'Asian effect'. In the competition for long-haul transfer passenger traffic, hub airports in the Middle East are thus far winning the race. Get the full story at Zawya