Saturday, March 2, 2024

Hotel companies’ revenue for the first quarter was 11 billion dirhams


The latest tourism data for the first quarter of 2022 show that hotel companies in the country have attracted six million visitors after spending 25 million hotel nights, and hotel companies have earned 11 billion dirhams, a growth rate of 20% over the same period in 2019.

Growth leap

Dr. Ahmed Belhaul Al Falasi, Minister of Entrepreneurship and Small and Medium Enterprises and Chairman of the Emirates Tourism Council, said that the tourism sector in the United Arab Emirates has reached new heights that reflect greater competitiveness in the first quarter of 2022. In light of the unlimited support and guidance of the UAE regional and global leadership and its interest, this important sector is considered one of the strategic sectors for the future and will be a key axis in the UAE’s vision for the next fifty years. Years.


Al-Falasi explained that national tourism growth has reached not only in 2020 and 2021, but also in the first quarter of this year, compared to the same period in 2019. It is one of the best years for economic growth in most countries and especially in the process of tourism development, which ensures strong returns of the sector, thanks to the prudent perspective of the country leadership and integrated national initiatives to promote national tourism, promote tourism products, provide environmentally friendly integrated incentives and enhance tourism infrastructure. Focus on providing value added services.

Product strength

Al-Falasi stressed that these indicators confirm the strength of the tourism product and the leading services of the United Arab Emirates, attractive tourist destinations and improved tourism infrastructure. As a safe and preferred destination, providing a prosperous and popular tourist experience.

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He pointed out the importance of the role of major events held by the country in the last few months in supporting the results of national tourism, the most important of which was “Expo 2020 Dubai”, which succeeded in attracting more than 24 million visitors. Within six months, its second edition of the “Most Beautiful Winter in the World” campaign had grossed 1.5 billion dirhams in one and a half months and attracted more than 1.3 million local tourists.

Financial results

According to tourism data for the first quarter of 2022, hotel companies in the country attracted six million visitors after spending 25 million hotel nights, a growth of 10% compared to the same period in 2019.

The average length of stay for hotel establishment guests has increased by 25% over the same comparison period, increasing from three to four hotel nights.

In turn, the occupation rate of hotel companies in the country reached 80% during this period, which is one of the highest in the world. Hotel companies also received revenues of 11 billion dirhams, with a growth rate of 20% compared to the same period in 2019, recording that these companies returned to work at their full capacity of about 200,000 hotel rooms.

Foreign markets

In addition, in the first quarter of 2022, there was a strong recovery and return of tourism to the country from overseas markets, with hotel companies in various emirates receiving around four million international tourists.

India, Saudi Arabia, the United Kingdom, the Russian Federation and the United States top the national list of most important hotel guests from abroad.

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80 Occupancy rate of 80% of hotel companies, which is one of the highest rates in the world.

ளுடன் With a total of four million international tourists, strong revenue from tourism from international markets.

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Bill Dittman
Bill Dittman
"Freelance alcohol fan. Coffee maven. Musicaholic. Food junkie. Extreme web expert. Communicator."

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