Page 402 - MOE ENGLISH PR REPORT - FEBRUARY 2025 Part 1

2/28/25, 4:31 PM UAE hotels earn $10.1 billion in first 10 months of 2024
UAE hotels earn $10.1 billion in first 10 months of 2024, marking a 4 percent growth
Hotel occupancy rose to nearly 78 percent, reflecting a 2.7 percent increase from last year

These figures underscore the growth of Emirati tourism, supporting the National Tourism Strategy 2031 to increase GDP contribution to AED450
billion.
Published: Thu 20 Feb 2025, 4:15 PM
The UAE’s tourism sector continues its positive trajectory, driven by the leadership’s forward-thinking vision,
according to Abdulla bin Touq Al Marri, UAE minister of Economy and Chairman of the UAE Tourism Council.
Hotel establishments generated approximately AED37.1 billion ($10.1 billion) in revenue from January to
October 2024, marking a 4 percent increase compared to the same period in 2023. The hotel occupancy rate also
saw growth, reaching nearly 78 percent, up 2.7 percent from the corresponding period last year, WAM reported.
Al Marri stated that these figures highlight the expanding growth of Emirati tourism across various sectors,
supporting the National Tourism Strategy 2031. This strategy is designed to boost the tourism sector’s GDP
contribution to AED450 billion by 2031.
Read more: UAE tourism sector contributed $59.89 billion to GDP in 2023, generated 809,000 job
opportunities

(Photo Credit: WAM)

Innovative projects as drivers of sector growth
Chairing the first 2025 UAE Tourism Council meeting, Al Marri highlighted innovative projects and initiatives as
drivers of anticipated sector growth this year.
The council, comprising heads and directors-general of local tourism authorities, discussed the successful
outcomes of the fifth edition of the ‘World’s Coolest Winter’ campaign and its crucial role in strengthening the
UAE’s position as a leading global tourism destination.
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