Page 291 - MOE ENGLISH PR REPORT - SEPTEMBER 2024 (International)

9/30/24, 11:00 AM Small Business - The Stanly News & Press | The Stanly News & Press

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 aviation infrastructure development projects, increasing airports' capacity to accommodate
larger numbers of passengers, with a total capacity now estimated at more than 160 million passengers. In
addition, the UAE has entered cooperation agreements with 188 countries around the world in the air transport

https://smb.thesnaponline.com/article/UAE-tourism-sector-witnesses-steady-growth-with-hotel-establishment-revenues-increasing-by-7-per-cent-to-rea… 1/2