Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    UAE mediation delivers 410 Russia Ukraine swap

    May 16, 2026

    Trump and Xi end Beijing summit with cautious progress

    May 15, 2026

    Air Arabia Q1 profit slips as regional disruption bites

    May 15, 2026
    Facebook X (Twitter) Instagram
    Arab OutlookArab Outlook
    • Automotive
    • Business
    • Entertainment
    • Health
    • Luxury
    • Lifestyle
    • News
    • Sports
    • Technology
    • Travel
    Arab OutlookArab Outlook
    Home » UAE tourism investments expected to hit AED100 billion by 2031
    Travel

    UAE tourism investments expected to hit AED100 billion by 2031

    September 8, 2024
    Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp VKontakte Email

    MENA Newswire News Desk: The UAE’s tourism sector is showing strong growth, in line with the UAE Tourism Strategy 2031, which targets AED100 billion in investments and seeks to boost the sector’s GDP contribution to AED450 billion by 2031. The UAE’s ongoing investment in tourism infrastructure has paid off, with international tourist arrivals and hotel bookings hitting record numbers.

    UAE tourism investments expected to hit AED100 billion by 2031

    According to the World Travel and Tourism Council (WTTC), the UAE’s tourism sector contributed 11.7 percent to the nation’s GDP in 2023, equating to AED220 billion. This contribution is expected to increase to 12 percent, or AED236 billion, by the end of 2024. The WTTC further forecasts that the sector will add AED275.2 billion to the UAE’s GDP by 2034.

    Dubai has been a key driver of this growth, with 10.62 million tourists visiting the city in the first seven months of 2024, marking an 8 percent increase year-on-year. Abu Dhabi also experienced significant growth, with 2.87 million hotel guests in the first half of 2024, generating AED3.6 billion, a 19.5 percent increase over the previous year.

    The UAE’s success in tourism can be attributed to its world-class infrastructure, which includes airports, luxury accommodations, and a variety of tourist attractions. This, combined with the country’s diverse and sustainable tourism policies, has helped the sector thrive. The UAE’s commitment to developing new attractions and enhancing its tourism infrastructure ensures it remains a top destination for travelers from around the globe. ]

    This aligns with the broader goals set under the National Tourism Strategy 2031. As the UAE continues to implement its strategic tourism initiatives, it is expected to see further growth in both investment and visitor numbers, cementing its position as a global tourism hub.

    Share. Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp Email

    Related Posts

    flydubai adds daily Dubai Bangkok flights from July

    April 21, 2026

    Etihad expands Africa network with six new routes

    April 18, 2026

    Yas Waterworld adds 11 attractions for April 4 opening

    March 24, 2026

    Air Arabia to start daily Sharjah Rome flights July 1

    February 27, 2026
    Latest News

    UAE mediation delivers 410 Russia Ukraine swap

    May 16, 2026

    Trump and Xi end Beijing summit with cautious progress

    May 15, 2026

    Air Arabia Q1 profit slips as regional disruption bites

    May 15, 2026

    UAE hosts PM Modi for official talks on energy and trade

    May 15, 2026

    EMSTEEL Q1 net profit jumps as margins widen

    May 14, 2026

    India unveils sovereign-backed maritime insurance pool

    May 14, 2026

    South Korea ICT exports hit $42.7 billion in April

    May 14, 2026

    ADNOC Gas posts resilient Q1 profit despite disruption

    May 13, 2026
    © 2021 Arab Outlook | All Rights Reserved
    • Home
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.