Page 298 - MOE ENGLISH PR REPORT - SEPTEMBER 2024 (International)

9/30/24, 11:01 AM Alex City Outlook | Press Releases | News | alexcityoutlook.com

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

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