Dubai’s hospitality industry recorded 7.5 percent revenue increase
Dubai’s hospitality industry witnessed a 7.5 percent revenue increase in 2001. The emirate received some 3.6 million guests who spent 3.2 billion Emirati dirhams ($871 million) on their hotel accommodations alone, reported Dubai’s Department of Tourism and Commerce Marketing (DTCM).
There are 353 hotels in the United Arab Emirates (UAE), more than three times the figure 10 years ago. Some 3.8 million people visited the UAE in 2001. Dubai, with 280 hotels receives five percent more tourists on an annual basis.
Dubai expects to receive six million visitors by 2010. Average occupancy rates in seafront hotels stood at 73.1 percent last year, compared with 63.7 percent in Dubai’s other hotels. The Emirate’s success in attracting tourists encouraged authorities to waive visa requirements for nationals of 33 countries, including the United States and several European and Asian countries. — (menareport.com)
© 2002 Mena Report (www.menareport.com)