Money and business

45 billion dirhams state hotel revenues during 2024 BB growth

The Minister of Economy and Chairman of the Emirates Tourism Council, Abdullah bin Touq Al -Marri, revealed that the revenues of hotel establishments in the country increased to about 45 billion dirhams during the year 2024, achieving 3% growth compared to 2023, while the hotel occupancy rate increased to 78%, during the past year, which is among the highest rates at the regional and global levels, especially with the inauguration of 16 new hotels in the country during a year 2024, bringing the total number of hotels in the country to 1251 hotels by the end of last year, and the number of hotel rooms increased to 216 thousand and 966 rooms at the end of 2024, an increase of 3% compared to 2023.

Al -Marri emphasized that the tourism sector in the country continues its continuous growth and achieve positive results, supported by the directives of the rational leadership and its forward -looking vision, which contributed to the development and development of policies, strategies and sustainable projects for this vital sector, as it is one of the main tributaries to enhance the competitiveness and sustainability of the national economy, and support the shift towards the new economic model based on knowledge and innovation.

He said that the national efforts are continuing to develop innovative tourism initiatives and projects, enhance joint cooperation with all relevant tourist agencies and agencies inside and outside the country, to consolidate the UAE’s position as the best tourism identity around the world by the next decade, and to provide distinguished tourism experiences that enhance the state’s attractiveness to visitors and tourists from all over the world, in addition to diversifying specialized tourism products, building tourism capabilities and encouraging the entry of cadres National for the tourism sector, and increase investments in various tourist sectors.

He pointed out that the number of guests of hotel establishments in the country reached about 30.8 million inmates, during the past year, with a growth rate of 9.5% compared to 2023, to achieve Emirati tourism 77% of the target number of hotel guests for the “National Tourism Strategy 2031”, that is, seven years before the specified date.

He added: “With the continuous increase in the current growth rates of our tourism sector, we will achieve the goal of the strategy represented in attracting 40 million hotel guests.”

It is scheduled that the current year will witness many activities and various marketing tourism programs, which aim to highlight the most prominent features and tourist destinations that the seven emirates enjoy, especially in light of the choice of Al Ain as the capital of Gulf tourism for the year 2025.

Abdullah bin Touq:

• The goal of the strategy, which is to attract 40 million hotel guests, will achieve the continuous increase in the current growth rates of our tourism sector.

• 16 new hotels inaugurated in the country, last year, bringing the total to 1251 hotels.

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