Page 654 - MOE ENGLISH PR REPORT - DECEMBER 2024

1/3/25, 3:14 PM UAE hotel revenue reaches $9.1bn in nine months - Arabian Business: Latest News on the Middle East, Real Estate, Finance, and …
UAE hotel revenue reaches $9.1bn in nine

months

UAE hotel revenue continues tor grow and hotel occupancy one of the
highest in the world

The UAE tourism sector continues to grow, with hotel
establishments generating AED33.5bn ($9.1bn) in
revenue during the first nine months of 2024.

It represents a four per cent increase compared to the same
period in 2023.

The average hotel occupancy rate across the seven
emirates rose to 77.8 per cent, one of the highest globally.
Hotel nights reached approximately 75.5m from January to
September 2024, marking an eight per cent increase year-
on-year.

UAE hotels

This was announced during the UAE delegation’s
participation in the 27th session of the Arab Ministerial
Council for Tourism, held at the headquarters of the
League of Arab States General Secretariat in Cairo.
The UAE delegation reaffirmed the country’s commitment
to advancing joint Arab action in the tourism sector,
emphasising its role as a vital economic driver and a key
contributor to sustainable development in the Arab region.
The delegation also highlighted that joint Arab tourism
efforts extend beyond economic benefits, serving as a
platform to foster cultural rapprochement, preserve the
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