UAE hospitality revenue forecast to reach $9.8 billion by 2020

Hospitality revenue in the UAE is forecast to increase by 10.8 per cent annually from last year to US$9.8 billion by 2020, despite concerns over a slowdown this year in foreign visitor spending. A steady growth in international tourists at 7 per cent annually, and the opening of new attractions such as theme parks, are...

Exponential Growth Ahead for UAE’s Hospitality Sector

Dubai’s successful Expo 2020 bid to boost the UAE’s hospitality sector in years ahead The UAE’s thriving hospitality industry, enjoying an impressive track record for its consistently high occupancy rates and sustained capacity expansion drive, is set for a new phase of exponential growth that is expected to catapult the Emirates to the ranks of...