Page 415 - MOE ENGLISH PR REPORT - FEBRUARY 2025 Part 1

UAE hotels generate AED37.1 billion in first 10 months of 2024

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37.1 2024 نم رهشأ 10 لوأ للاخ ةلودلاب قدانفلا تاداريإ مهرد رايلم© Provided by Emirates News Agency (WAM)

ABU DHABI, 20th February, 2024 (WAM) -- The UAE's tourism sector continues its positive
trajectory, driven by the leadership's forward-thinking vision, according to Abdulla bin Touq Al Marri,
Minister of Economy and Chairman of the UAE Tourism Council.

Hotel establishments generated approximately AED37.1 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.

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.

Chairing the first 2025 UAE Tourism Council meeting, Al Marri highlighted innovative projects and
initiatives as drivers of anticipated sector growth this year.

https://www.msn.com/en-ae/news/other/uae-hotels-generate-aed37-1-billion-in-first-10-months-
of-2024/ar-AA1zq0Hp