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UAE tourism sector expected to grow hugely by 2026
Date: December 30,2016
Time: 12
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UAE tourism sector expected to grow hugely by 2026


UAE’s tourism and leisure sector, an important pillar for supporting the nation’s post-oil economy, is projected to reach Dh237 billion by year 2026 following an exponential growth in tourism and hospitality infrastructure as the Emirates keeps on track to witness a record surge in visitor traffic over the next decade. Dubai and Abu Dhabi have grabbed global attention as sought-after travel destinations and among the fastest-growing cities in the world, respectively while other places in the Emirates have been trying to entice holiday-makers with a whole lot of new touristic attractions.

 
The UAE Minister of Economy Sultan bin Saeed Al Mansouri estimates that the tourism sector would contribute 5.4 per cent annually over the next 10 years to reach Dh236.8 billion by year 2026. To quote Al Mansouri, “The UAE has rich cultural heritage, natural diversity and the developed infrastructure that make it a strong competitor on the world tourism map.”Dubai is the top tourist destination in the Middle East, which is also the fourth most popular tourist destination in the world for holiday-makers.

 

Abu Dhabi with a growth rate of 19.81% is the fastest-growing city in the Middle East and the third fastest growing city in the world. This year, Bangkok topped the list of the world’s most popular travel destinations, pushing London to second spot, with Paris and New York rounding off the top five. Dubai’s global attraction and appeal is based on its theme parks and other attractions. By 2020, Dubai is expected to add nearly 57,000 rooms in hotel and serviced apartments.

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