Last year, the sector grew by more than a quarter (26%) to contribute a record-breaking AED 220BN to the UAE’s GDP representing 11.7% of the entire economy. This exceeded the previous record set in 2019 by almost 15% and underscores the sector’s pivotal role in the nation’s economic framework.
Sector to match 2019 GDP contribution by the end of 2023 - Travel & Tourism jobs to surpass pre-pandemic levels this year - Sector to outstrip national GDP growth over the next decade
Travel & Tourism jobs surpassing 2019 levels in Dubai and Abu Dhabi - Overseas visitors spending more in Dubai than in 2019
Several markets in the United Arab Emirates, including Abu Dhabi and Dubai, exceeded 50% occupancy for the week of 30 November through 6 December.
Generation X has experienced the most disruption among age groups in the United Arab Emirates (UAE) when it comes to the cancelation of travel plans. Within this demographic, over a third of respondents ‘strongly agree’ they have had to change or cancel upcoming domestic (36%) and international (41%) plans, according to a survey by GlobalData.
E-forecasting.com and Hotstats Release Dubai Hotel Market Profitability Forecast With Hotel Industry Leadign Indicator For UAE