Page 505 - MOE ENGLISH PR REPORT - MAY 2025 ( Part 2)

5/22/25, 11:44 AM UAE and Croatia explore ways to strengthen economic relations
450 billion, attracting tourism investments worth AED 100 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 in hotel revenues in 2024 with a three per cent year-over-year
growth. The hotel occupancy rate in the country reached 78 %, 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.

During his meeting with Rosario Sánchez Grau, Spanish Secretary of State for Tourism, Bin Touq
reviewed latest developments in the global tourism sector, the mechanisms to enable sustainable
growth, as well as enhancing cooperation in various tourism fields. The two sides explored the
potential for establishing new partnerships to increase mutual tourism flows.

WAM

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