According to the latest data, the total value of major expo-related construction projects reached AED 156 billion (USD 42.5 billion) by the end of March 31, 2018, driven by both public and private sectors. Get the latest trends and understand the impact of the crisis on the market. The global hotel industry generated a revenue of over $550 billion in 2016. © Copyright 2020. the Food & Beverage industry in the United Arab Emirates From the chef’s table Food for thought 3. May 2020, Travel in the United Arab Emirates These provided a total room supply of 126,120. ), We always get a clear direction on what to do when we work with you. Euromonitor, World Bank 2017 CAGR (%) 32.0 4.8% 7.7 36.9 9.9 UAE Residents & The hospitality sector achieved a good performance during the year 2019, in light of the boom in the business and entertainment sectors in the United Arab Emirates, despite regional and global conditions, in addition to the number of new hotels that entered the hospitality market this year. Number of 4-star hotels Dubai 2015-2018 Published by Amna Puri-Mirza, Aug 26, 2020 This statistic shows the number of 4-star hotels in the Emirate of Dubai … The success of the tourism sector in the UAE in achieving positive growth in the number of tourists during 2019 is a major achievement, especially in light of the economic and geopolitical conditions that have affected many markets, which confirms the global standing that the UAE has as a preferred tourist destination for tourists from all over the world . We are a company specialized in providing marketing research services for all fields, If you want an integrated marketing research for your field, do not hesitate and contact us until the relevant department is able to contact you, It is truly appreciated. With the number of rooms soaring beyond the proverbial 100,000 mark, Dubai’s hotel and hospitality sector are poised for greatness. Access new updated reports and statistics for the Hospitality Industry in United Arab Emirates. Occupancy has fallen by 2% since previous years but remains high at 70%. The data indicated that the number of hotel nights during the period from January to last December reached 30.13 million nights compared to 29.21 million nights in 2018. $ 250 Search industry reports, statistics & … Dubai Tourism and Commerce Marketing Department data indicated that the number of hotel establishments increased from 681 hotel establishments at the end of December 2017 to 706 establishments by the end of September 2018. $ 900 The data showed that the average room rate during the past year reached 465 dirhams, and indicated that the average stay of a visitor in Dubai during the trip is 3.5 nights. April 2017. October 2020, Luxury Hotels in the United Arab Emirates US: According to Cushman & Wakefield, as of June 2019, the U.S. reported 202,000 new hotel rooms under construction. The state of anticipation in the British market after the “Brexit” prompted many tourists to abandon the pre-travel planning programs, expecting that this situation will continue until the middle of next year after the visibility of the post-Brexit clarity. At the end of 2019, there were a total of 741 hotels and hotel apartments in Dubai. The tourism sector in the UAE succeeded during 2019 in overcoming the challenges faced by the exporting markets for tourists, especially the main markets, such as the British market, the movement coming from it was significantly affected due to the state of anticipation of the economic conditions that will follow Britain’s exit from the European Union. November 2018, Consumer Trends: Hotels The data showed that the average room rate during the past year reached 352 dirhams, and indicated that the average stay of a visitor in Abu Dhabi during the flight was 2.6 nights. The “Family Friendly” packages were launched during the Arab Travel Market activities designed for families from the Middle East and international markets, to give them an experience of authentic hospitality with modern amenities. Make sure you don’t miss any news and follow us on. I’m now looking forward to the next one (and the one after that! The average daily rate (ADR) fell by 5.8% and RevPAR (revenue per available room) fell by 7.7% in 2018. According to the statistic, during the 12 months of 2018, India ranked first on that list with more than two million visitors compared to 2.073 million visitors in 2017. $ 350 Dubai: The number of hotel rooms increased in 2018 by 10.0 per cent from around 83 thousand to 91 thousand while the number of hotel apartment rooms grew marginally by 0.7 per cent to almost 25 thousand. November 2019, City Profile - Sharjah, Comprehensive overview of the city, … We shall keep you posted with regards to how this project evolves, and as soon as the next one lands for this market, we will be in touch. In that direction, the United Arab Emirates has kicked off large-scale leisure projects, such as new hotels, Dubai South and Dubailand. In a related matter, four-star hotels represent 26% of the total market share, as it contributed to the generation of an occupancy rate of 86% in the medium-sized segment. Official statistics have confirmed the recovery experienced by the tourism sector in the UAE during the past years, as millions of people from different parts of the world visited the country on various occasions, most notably the Christmas holidays. You can change your Cookie Settings at any time but parts of our site will not function correctly without them. Dubai’s biggest hotel is the JW Marriott Marquis Dubai with 1,608 rooms, over 20 restaurants, and 72 floors. Access new updated reports and statistics for the Hospitality Industry in United Arab Emirates. $ 250 macro environmental factors affecting hotel industry and Positive signs. And the 165 hotel apartments establishment, which provides 24,291 apartments, constitutes about 21% of the total hotel supply; it is distributed over 64 luxury apartment establishments with 9,837 apartments, in addition to 131 economic apartment establishments with 14,454 apartments. According to statistics, the total revenues of hotel rooms in the emirates of Dubai and Abu Dhabi, the most famous among the regions of the country, amounted to 16.12 billion dirhams during the past year, compared to 16.8 billion dirhams at the end of 2018.

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