Page 35 - MOE ENGLISH PR REPORT - JANUARY 2024
P. 35

Press Release




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               The 4  edition of the World’s Coolest Winter campaign targets citizens, residents, and tourists in
               the UAE, as well as visitors from other countries. The new edition will involve the dissemination

               of numerous media and marketing content across various media platforms and social channels to
               promote its goals and effectively showcase the top winter tourism destinations in the country. It

               will also spotlight unique experiences, entertainment activities, and the best adventures across the
               seven emirates.


               The last edition of the campaign showcased various tourism, natural, and entertainment attractions
               and experiences across the UAE. It yielded substantial economic benefits for domestic tourism,

               with hotel revenues reaching AED 1.8 billion, up 20 per cent compared to the second edition of the

               campaign, which amounted to AED 1.5 billion.

               UAE tourism sector performance in the first nine months of 2023


               H.E. Bin Touq confirmed that the UAE’s tourism sector continues to excel, thanks to the visionary

               leadership's focus on its development. This vital sector is considered one of the strategic pillars for
               building the economy of the future and transitioning towards a new economic model.


               The Minister of Economy said: “The revenue of hotel establishments in the UAE has surged to
               AED 32.2 billion from January to September 2023, marking a 27 per cent growth compared to the

               same period in 2022. Additionally, the number of hotel guests in the seven emirates of the UAE
               reached 20.2 million during the first nine months of 2023, up 12 per cent from the same period in

               2022. Meanwhile, the hotel occupancy rate hit 75 per cent in the first nine months of the previous
               year,  reflecting  a  six  percent  year-over-year  growth.”  His  Excellency  highlighted  that  these

               indicators play a crucial role in achieving the national target set by the ‘We the UAE 2031’ vision
               to elevate the sector’s contribution to the UAE's GDP to AED 450 billion by the next decade.”


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