The UAE tourism and hospitality market will likely witness positive and stable growth rates for the next three to five years, according to Arabian Business. The UAE is expected build over 28,000 new hotel rooms in the emirates by 2016.
It is worth noting that Dubai and Abu Dhabi account for 86% of current hotel supply in the country.
Abu Dhabi’s hotel demand has been driven by strong performance in the corporate and MICE segments, but the Abu Dhabi Tourism and Culture Authority (ADTCA) has increasingly focused on developing the emirate as a leading destination for leisure tourism.
According to JLL, the number of tourists in the emirate has increased gradually since 2004, from less than one million to approximately 2.8 million total visitors in 2013. The larger tourist numbers, along with an average length of stay of 3.13 nights, resulted in almost 5.31 million guest nights in 2013.
It is worth noting that Dubai and Abu Dhabi account for 86% of current hotel supply in the country.
Abu Dhabi’s hotel demand has been driven by strong performance in the corporate and MICE segments, but the Abu Dhabi Tourism and Culture Authority (ADTCA) has increasingly focused on developing the emirate as a leading destination for leisure tourism.
According to JLL, the number of tourists in the emirate has increased gradually since 2004, from less than one million to approximately 2.8 million total visitors in 2013. The larger tourist numbers, along with an average length of stay of 3.13 nights, resulted in almost 5.31 million guest nights in 2013.
Source:
Mubasher
