Two experts in the tourism sector emphasized that the sector still includes many opportunities, noting that the current expansion of tourism and hotel infrastructure projects enhances investor confidence and opens new horizons for growth, and pointed out that the boom in tourism investment represents a great impetus to attract more population and tourists.
The UAE continues to consolidate its position and a main destination for tourism investment, benefiting from an attractive investment environment, advanced infrastructure, and supportive policies for the growth of the sector, as the tourism sector in the UAE witnesses a growth in investment opportunities at all level Green economy.
For its part, the relevant government agencies continue to support the tourism sector through the implementation of qualitative initiatives aimed at developing tourist destinations and supporting innovation, and cooperation with the private sector to ensure the achievement of the highest quality and excellence standards.
Through the “National Tourism Strategy 2031”, the UAE seeks to strengthen its position among the best global tourism destinations, as the strategy aims to raise the contribution of the sector to the gross domestic product to 450 billion dirhams, attract new investments worth 100 billion dirhams, and attract 40 million inmates in hotel establishments by 2031.
Pioneering projects
The head of the Dubai travel and tourism agents group, and the CEO of the Rayes Travel Group, Mohamed Al -Rayes, said that the UAE has witnessed many pioneering and exceptional projects in the tourism sector during the past years, which brought the sector to the levels that reached the forefront at the region level in tourism experiences and global leadership in many areas related to the tourism sector.
He affirmed that the UAE continues to consolidate its position is an investment and a global tourism destination through major projects in the emirates of the state, which reflects the confidence of investors in the prospects for sustainable growth in the tourism sector.
He explained that the tourism sector includes recreational tourism, business tourism and conferences, and medical tourism, pointing out that there are projects in each emirate that falls within one of these types or covers them all, which shows a comprehensive strategic vision of the diversity of the tourism product in the country.
He emphasized that the current and future major projects launched by the UAE are a clear message to investors that the tourism sector in the country still provides many opportunities, and has the ability to achieve increasing revenues, and absorb more qualitative investments.
He pointed out that the momentum in tourism projects is not limited to a specific emirate, but rather a general trend at the state level, pointing out that this boom in tourism investment represents a great impetus to attract more population and tourists alike.
Leadership
For his part, the CEO of the Emirates Carlton Hotels, Hosni Abdel -Hadi, affirmed that the great momentum witnessed by the tourism sector in the country confirms a clear leadership vision towards consolidating the state’s position of an integrated global tourism and investment, noting that the ongoing expansions of tourism and hotel infrastructure projects enhance the confidence of investors and open new prospects for growth.
He said that the giant projects witnessed by the state, whether in airports or major tourist destinations, such as the artificial islands and cultural landmarks, confirm that the UAE is not satisfied with preserving its gains, but rather moves at a confident step towards a more advanced and diversified future in the tourism sector, and added: “We are witnessing a remarkable growth in the demand for hospitality from various global markets, driven by the stability of the state and the diversity of tourism patterns in it.”
Revenue and hotel work
During the past year, 2024, the UAE has achieved noticeable growth rates and important achievements in the tourism sector, as the revenues of hotel establishments in the country reached about 45 billion dirhams, with a growth rate of 3% compared to 2023, while the hotel occupancy rate increased to 78%, which is among the highest rates at the regional and global levels.
The UAE also ranked first in the Middle East and North Africa region and the 18th globally in the “Tourism and Travel Development Index” issued by the World Economic Forum in 2024.
According to the global “Arthur de Little”, the UAE was not satisfied with building the most luxurious hotels, but also succeeded in combining hospitality and cultural and recreational experiences.
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