Page 103 - MOE ENGLISH PR REPORT - SEPTEMBER 2024 (International)

9/30/24, 9:55 AM Press Releases | Washington City Paper

UAE tourism sector witnesses
steady growth with hotel

establishment revenues
increasing by 7 per cent to

reach AED 24.6 billion in H1
2024

24-7 PRESS RELEASE
NEWSWIRE

Tuesday, September 17, 2024 at 11:00am GMT+4

DUBAI, UAE, September 17, 2024 /24-7PressRelease/ -- The UAE Ministry of Economy
revealed that the UAE's tourism sector is continuing to grow, bolstering its contribution to
the growth and sustainability of the national economy. The revenues generated by hotel
establishments in the country have surpassed AED 24.6 billion in the first half of 2024, up
seven per cent compared to the corresponding period in 2023. Furthermore, the number of
hotel guests across the UAE's seven emirates reached approximately 15.3 million during the
first six months of 2024, reflecting a 10.5 per cent growth.

H.E. Abdulla Bin Touq Al Marri, UAE Minister of Economy and Chairman of the Emirates
Tourism Council, said: "The latest results demonstrate the effectiveness of the country's

efforts and strategies in enhancing the tourism sector, in line with international best
practices. They also underline the competitive advantage of the UAE's tourism offerings
both at regional and global levels. These indicators are crucial in realising the objectives
of the UAE Tourism Strategy 2031, which aims to boost the sector's contribution to the
national GDP to 450 billion dirhams and attract 40 million visitors to hotel establishments
by the next decade."

His Excellency added: "Thanks to the directives of the wise leadership, UAE tourism has
been able to maintain its growth in terms of both revenues and hotel capacity. The hotel
occupancy rate in the country reached 79.5 per cent in H1 2024, which is among the highest
globally, growing by 3.7 per cent compared to H1 2023." His Excellency noted that national
efforts continue to support joint action in the implementation of tourism-related plans and
strategies and solidify the UAE's position as one of the best destinations in the world, in
the light of the We the UAE 2031 vision.

H.E. Bin Touq explained: "In terms of travel and aviation, the country's airports recorded
an increase in passenger numbers during the first half of this year. This echoes the

international confidence and trust in the quality and efficiency of travel services in the
UAE, as well as the quality of air transport infrastructure. The UAE has invested in
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