Page 499 - MOE ENGLISH PR REPORT - MAY 2025 ( Part 2)

5/22/25, 1:48 PM UAE enhances tourism cooperation with Spain and Croatia
tourism investments worth AED 100 billion ($27 billion) to the country’s markets,

and welcoming 40 million guests by the year 2031.

The Minister of Economy reviewed key performance indicators of the UAE

tourism sector, which include a total of AED 45 billion ($12 billion) in hotel

revenues in 2024 with a three percent year-over-year growth. The hotel

occupancy rate in the country reached 78 percent, which is among the highest

regionally and globally. Additionally, 16 new hotels were launched across the UAE

in 2024, taking the total number of hotels to 1,251 by the end of last year.

Image Supplied | Cropped by GBN

During his meeting with H.E. Rosario Sánchez Grau, Spanish Secretary of State

for Tourism, H.E. Bin Touq reviewed the latest developments in the global tourism

sector, the mechanisms to enable sustainable growth, as well as enhancing

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