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Hospitality sector of Dubai finds its place among top global performers

Tuesday, March 20, 2018

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DubaiDubai’s optimistic and promising hospitality sector, which is gearing up to host more than 20 million visitors at the World Expo 2020, is much before seven other important global cities in terms of overnight visitor average spending per night along with number of hotel keys per resident.

 
Dubai leads at 29.9 per 1,000 people when benchmarked against international hub cities. Paris is the next highest with 17.6 keys per 1,000 people.

 
Dubai also stands out in terms of average spend per night visitor, which is estimated to be over $2,000 in 2017, the highest among global hub cities. The seven other key global cities following Dubai in terms of average spending per night New York, London, Paris, Singapore, Hong Kong, Shanghai and Sydney.

 
According to data from Dubai Corporation of Tourism & Commerce Marketing (Dubai Tourism), the emirate is home to 104 five star-hotels. By the end of 2019, Dubai hotel room supply is set to reach 132,000, as the hospitality sector is expected to experience strong, sustained growth over the coming years, with occupied room nights set to reach 35.5 million annually in 2019.

 
Dubai has 53 five-star hotels in the pipeline set to be launched before 2020.

 
Helal Saeed Almarri, the Director-General of Dubai Tourism, spoke with international and local investors, and operators continuing to actively pursue opportunities in Dubai.

 
One of the major facilitators of Dubai’s remarkable growth in tourism is the Emirates airline, now serving more than 150 destinations on six continents with a modern fleet of 259 wide-body aircrafts, with orders of 76 additional aircrafts placed in 2017 alone.

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