The revenue of hotels in the UAE surged to AED 32.2 billion in the first nine months of 2023, marking a 27 per cent growth compared to the same period in 2022.
Between January and September 2023, hotels hosted more than 20 million guests to register a 12 per cent increase year-over-year.
Meanwhile, the occupancy rate hit 75 per cent, reflecting a six per cent growth.
These figures were revealed by Abdulla bin Touq Al Marri, Minister of Economy and Chairman of the Emirates Tourism Council, during a meeting of the council on Thursday.
He said that these indicators play a crucial role in elevating the tourism sector's contribution to the UAE's GDP to AED 450 billion by the next decade under the 'We The UAE 2031' vision.
The fourth edition of the 'World’s Coolest Winter' campaign was launched earlier this month, targeting citizens, residents and tourists.
It will shine the spotlight on various tourism, natural and entertainment attractions and experiences across the UAE, under the theme 'Unforgettable Stories.'
Uber plans to roll out its delivery business into seven new European countries this year, as tech groups ramp up their efforts in the multibillion-euro food-delivery market, the Financial Times reported on Sunday.
UAE authorities have stepped up market monitoring and supply chain coordination ahead of Ramadan to ensure adequate supplies of essential goods and stable prices.
In his capacity as Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, has issued a decree appointing Abdulla bin Damithan as Chairman of the Ports, Customs and Free Zone Corporation (PCFC).
DP World has announced new leadership appointments, naming Essa Kazim as Chairman of the Board of Directors and Yuvraj Narayan as Group Chief Executive Officer.
Hundreds of Lufthansa flights were cancelled on Thursday as pilots and flight attendants went on strike at Germany's largest airline, which has for years struggled to rein in costs at its core brand.
His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and the UAE's Deputy Prime Minister and Defence Minister, has offered his heartfelt condolences to the family of royal photographer Ramesh Shukla, who passed away on Sunday.
His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and the UAE's Deputy Prime Minister and Defence Minister, has awarded Morocco's Fouzia Jbara Mahmoudi with AED1 million as the top winner of the Arab Hope Maker initiative on Sunday.
The UAE's Education, Human Development, and Community Development Council is working towards establishing a framework that will regulate the use of social media among children.