UAE tourism on the up
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With Dubai emerging as the world’s 18th leading destination in terms of the volume of international visitor spend, the UAE has once again recorded the largest number of new hotel rooms under way in the Middle East and Africa region, according to the latest data from STR Global. The UAE continued to post the largest number of rooms in the total active pipeline with 40,176, followed by Saudi Arabia with 5,531 rooms. Among the major markets in the region, the Middle East/Africa hotel development pipeline comprises 463 hotels totalling 126,090 rooms, according to STR Global’s report.Dubai, the world’s ninth leading global tourist destination, outshined cities such as New York, Amsterdam, Kuala Lumpur and Shanghai in terms of the sheer number of inbound tourists expected to arrive this year. The emirate is expected to draw 7.9 million international visitors this year, representing a growth rate of 17.3 percent when compared to 2010. CB Richard Ellis recently ranked Dubai among the top 10 most popular business locations in the world with more than half of the biggest global conglomerates operating offices in the city. The rankings compared global cities by the number of international firms operating offices there, using 280 companies as a benchmark. Of those companies profiled, just over half (56.1 percent) have an office presence in Dubai ranking it in ninth place overall, while the UAE as a whole was ranked 15th in the country ranking, with 171 companies present (61.1 percent).
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