Page 47 - MOE ENGLISH PR REPORT - SEPTEMBER 2024 (International)

9/30/24, 9:51 AM UAE tourism sector witnesses steady growth with hotel establishment revenues increasing by 7 per cent to reach AED 24.6 billion i…
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

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