The revenue of hotels in the UAE surged to AED 32.2 billion in the first nine months of 2023, marking a 27 per cent growth compared to the same period in 2022.
Between January and September 2023, hotels hosted more than 20 million guests to register a 12 per cent increase year-over-year.
Meanwhile, the occupancy rate hit 75 per cent, reflecting a six per cent growth.
These figures were revealed by Abdulla bin Touq Al Marri, Minister of Economy and Chairman of the Emirates Tourism Council, during a meeting of the council on Thursday.
He said that these indicators play a crucial role in elevating the tourism sector's contribution to the UAE's GDP to AED 450 billion by the next decade under the 'We The UAE 2031' vision.
The fourth edition of the 'World’s Coolest Winter' campaign was launched earlier this month, targeting citizens, residents and tourists.
It will shine the spotlight on various tourism, natural and entertainment attractions and experiences across the UAE, under the theme 'Unforgettable Stories.'
Air Canada's unionised flight attendants walked off the job early on Saturday morning after pay talks with the country's largest carrier stalled, in a move that is expected to disrupt travel plans for more than 100,000 passengers.
Dubai recorded a GDP of AED119.7 billion in the first three months of the year, marking a 4 per cent growth during the same period last year, driven by strong performances and expansion across various sectors.
Salik has posted AED 1.527 billion in revenue for the first half of the year, marking 39.5 per cent in growth driven by the introduction of variable pricing at the end of January and two new toll gates last November.
The United States and China have extended a tariff truce for another 90 days, staving off triple-digit duties on each other's goods as US retailers get ready to ramp up inventories ahead of the critical end-of-year holiday season.
Abu Dhabi Airports has reported double-digit passenger traffic growth for a 17th consecutive quarter as well as strong flight movement and cargo growth in the first half of 2025.
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Welcome to Pinoy Bulletin, your go-to source for staying informed about important announcements, exciting group activities, community events, and job opportunities!
Make sure to tune in every weekdays to Tag Gising Na from 5AM - 10 AM for a comprehensive roundup of important updates.
Welcome to Pinoy Bulletin, your go-to source for staying informed about important announcements, exciting group activities, community events, and job opportunities!
Make sure to tune in every weekdays to Tag Gising Na from 5AM - 10 AM for a comprehensive roundup of important updates.