UAE: Lodge Revenues Elevated by 7%

The UAE Ministry of Economic system has confirmed that the nation’s tourism sector continues to realize optimistic outcomes, enhancing its contribution to the expansion and sustainability of the nationwide financial system. They famous a rise in resort revenues, which reached over AED 24.6 billion (roughly US$ 6.7 billion) in the course of the first half of 2024, marking a 7% progress in comparison with the identical interval in 2023.

The variety of resort visitors throughout the seven emirates soared to just about 15.3 million within the first six months of 2024, a considerable 10.5% enhance from the earlier 12 months, highlighting the sector’s rising reputation.

The UAE’s airports reported vital passenger progress within the first half of this 12 months, a testomony to the nation’s sturdy journey companies and air transport infrastructure. The nation’s ongoing funding in infrastructure improvement and growth has elevated the overall airport capability to over 160 million passengers.

Constructive progress in passenger site visitors by means of the nation’s airports in the course of the first half of 2024, with a 14.2% enhance, was recorded. The whole variety of passengers obtained in the course of the first six months of this 12 months was greater than 71.75 million, in comparison with 62.79 million in the identical interval final 12 months.

The whole variety of resort rooms within the UAE additionally considerably expanded to 213,741 rooms by the top of the primary half of this 12 months, a 3% enhance in comparison with the identical interval in 2023. As well as, the overall variety of visitor nights in resort services within the seven Emirates elevated to greater than 53 million nights in the course of the first half of 2024, a ten% progress in comparison with final 12 months.

The resort occupancy price within the nation reached 79.5% in the course of the first six months of this 12 months, which is among the many highest on the planet. This represents a 3.7% progress in comparison with the identical interval in 2023.