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🌟 Dubai's Tourism Boom: A Record-Breaking First Half of 2024 🌟 Dubai continues to shine as a global tourism leader, welcoming a record 9.31 million visitors in the first half of 2024. This impressive 9% increase from 2023 highlights the city's strategic public-private partnerships and robust infrastructure development. Recognized as the No.1 global destination by Tripadvisor and the Middle East's leading destination by the World Travel Awards, Dubai’s diverse appeal and innovative campaigns are setting new benchmarks in the tourism sector. At AdvantEdge, we see this as a golden opportunity for real estate investment. With the surge in visitors, demand for quality housing is on the rise. Whether you’re looking to buy or invest, now is the perfect time to explore Dubai’s thriving real estate market. https://lnkd.in/eDA37xub

Dubai welcomed a record 17 million international visitors in 2023 🌍 Dubai recorded its best-ever annual tourism performance in 2023, with international tourist arrivals to the emirate increasing by 19.4 percent annually to 17.15 million, amid the continued expansion of its economy.   Last year’s figure exceeded the previous record of 16.73 million visitors registered in 2019, according to the latest data published by Dubai’s Department of Economy and Tourism. Dubai’s ability to constantly generate diverse and refreshingly novel travel and tourism experiences catering to a wide range of visitors has been a key factor behind this exceptional performance. The emirate's economy expanded by an annual 3.3 percent in the first nine months of last year. SOURCE: https://lnkd.in/dWA5ZDUj.

The UAE tourism sector continues to record remarkable performance in international tourist arrivals and hotel bookings, aligning with the UAE Tourism Strategy 2031, which aims to attract AED100bn ($27.2bn) in tourism investments and boost the sector’s contribution to the GDP to AED450bn ($122.5bn) by 2031. #UAEInvestments #GDPContribution #InternationalTourism #VisitUAE #UAETourism

Dubai Breaks Tourism Records in 2023! 🏨 Dubai has achieved a record-breaking year in tourism, welcoming 17.15 million international overnight visitors in 2023, a 19.4% increase from the previous year. This exceptional performance can be attributed to Dubai's ability to offer diverse and unique travel experiences for all types of visitors, according to Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum. The city's tourism sector has outperformed global trends, with accommodation and food services witnessing an impressive 11.1% growth. These figures align with Dubai's goal of becoming one of the top three global cities for business and leisure. #travelexperiences #globaltourism #dubaitourism

The UAE's tourism sector continues to record remarkable performance in international tourist arrivals and hotel bookings, aligning with the UAE Tourism Strategy 2031, which aims to attract AED100 billion in tourism investments and boost the sector's contribution to the GDP to AED450 billion by 2031. #UAEhospitality #UAETourismStrategy2031 #Finance #Finance360

The Rise of Abu Dhabi's Tourism Sector Abu Dhabi is rapidly establishing itself as a top travel destination, with plans to significantly bolster its economy by nearly doubling visitor numbers by 2030. In recent years, the emirate has experienced a surge in tourism and has recently unveiled its Tourism Strategy 2030, aiming to enhance its global reputation and attract even more visitors.

AED100 billion in UAE tourism investments by 2031. The UAE is set for AED100 billion in tourism investments by 2031, aiming for a GDP contribution of AED450 billion. According to the WTTC, tourism contributed AED220 billion in 2023, projected to reach AED236 billion by the end of 2024. Dubai and Abu Dhabi are key drivers of this growth. https://lnkd.in/gAcUmCJD #UAE #TourismGrowth #Investment #Travel Dubai World Travel & Tourism Council Dubai Department of Economy and Tourism Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) Abu Dhabi Tourism Investment Company

JEDDAH: Saudi Arabia has made a remarkable leap, climbing 15 places to rank 12th in global tourist spending for 2023, according to the latest UN Tourism report. This is the largest jump among the top 50 countries. The ranking follows a September report from the UN Tourism, which highlighted the Kingdom’s leadership among G20 nations with a 73 percent increase in international visitor growth and a staggering 207 percent rise in international tourism receipts from January to July 2024 compared to the same period in 2019. These achievements reinforce Saudi Arabia’s status as a premier global tourism destination, showcasing travelers’ growing confidence in the Kingdom's diverse and appealing offerings. The UNWTO praised the Kingdom’s tourism progress as a “significant milestone” in its quest to become a global leader in the industry. The report indicated that tourism-related spending surpassed $37 billion in 2023, accompanied by substantial growth in hotel capacity across the country. #SaudiArabia #InternationalVisitorGrowth #Tourism

Did you know that in 2023, Dubai welcomed a record-breaking 17.15 million international visitors, marking a substantial 19.4% increase from the previous year? Across the Middle East, hotels and restaurants are positioned to benefit from Dubai's continued investment in providing diverse and captivating tourism offerings, solidifying their position as sought-after destinations for travellers worldwide. What are your thoughts on the evolving tourism landscape in the Middle East? 🌍 Let me know in the comments 👇 https://lnkd.in/endn75a8

#AbuDhabi’s Tourism Strategy 2030 has set ambitious goals that serve as guide to further drive the emirate’s growth as a premier global tourism destination. Abudhabi is keen to fulfill mission to significantly increase visitor figures from nearly 24 million in 2023 to more than 39 million by 2030, encompassing both overnight stays and same-day visits – leading to a 7 percent annual growth in tourism. This builds into the overarching plan for Abu Dhabi’s tourism and travel sector to contribute even more to the UAE’s GDP, from around AED 49 billion in 2023 to AED 90 billion annually by 2030. To achieve these objectives, DCT Abu Dhabi’s strategy will focus on 26 initiatives under four key pillars: Offering & City Activation; Promotion & Marketing; Infrastructure & Mobility; and Visa, Licensing & Regulation.