Dubai is second in the world in the growth of “holiday home” units.

Dubai ranked second in the world as the largest tourist destination in terms of growth in holiday home units, indicating the great demand for tourist stays and short-term rentals in the emirate, with a double-digit growth rate, according to Lighthouse (OTA), which specializes in… Tourism and travel sector data, based in Britain.

The company said, in its study, a copy of which was obtained by Emirates Today, that based on comparison data based on the months of October 2024, compared to the same month last year, Dubai recorded a strong performance, with a growth rate of 39% in units of holiday homes and short rentals. term, noting that Paris is the first in the growth rate, as listed properties increased by 47%, due to the desire of owners to benefit from the demand from the 2024 Olympic Games.

The company stated that this data indicates the strength of tourism demand for global destinations, noting that across nearly 500 global markets, based on the company’s database, the total supply grew by 13%, from October 2023, to October 2024.