Page 98 - MOE ENGLISH PR REPORT - MAY 2025 (Part 1)_Neat

Press Release

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 per cent, 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.

Increasing tourism movement between the UAE and Spain

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

The number of Spanish tourists to the UAE reached 150,231 in 2024, representing an increase of
more than 14 per cent compared to that of 2023. The number of flights between the UAE and Spain
amount to approximately 48 weekly services, operated by airlines of both countries.

Cooperation between tourism companies in the UAE and Croatian Markets

H.E. Bin Touq and H.E. Tonči Glavina discussed enhancing cooperation between tourism
companies and entities in the UAE and Croatian markets, in addition to enhancing joint efforts to
create new tourism and leisure programs to promote mutual tourism flows. There are currently
more than 42 monthly flights between the UAE and Croatia, operated by the airlines of both
countries.

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