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Home›Russian hotel›The turnover of hotel companies for the first quarter was 11 billion dirhams

The turnover of hotel companies for the first quarter was 11 billion dirhams

By Lawrence C. Saleh
May 19, 2022
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The latest tourism data for the first quarter of 2022 shows that the country’s hotel businesses attracted six million visitors after spending 25 million hotel nights, and hotel businesses earned 11 billion dirhams, a growth rate of 20 % compared to the same period in 2019. .

Growth leap

Dr Ahmed Belhaul Al Falasi, Minister of Entrepreneurship and Small and Medium Enterprises and Chairman of the Emirates Tourism Board, said the tourism sector in the UAE has reached new heights which reflect greater competitiveness in the first quarter 2022. from the unlimited support and guidance of the UAE’s regional and global leadership and interest, this important sector is considered one of the strategic sectors for the future and will be a key focus in the UAE’s vision for fifty coming years. Years.

Perspective

Al-Falasi explained that the growth of national tourism reached not only in 2020 and 2021, but also in the first quarter of this year, compared to the same period in 2019. It is one of the best years for growth. economy in most countries and especially in the process of tourism development, which ensures strong returns to the sector, thanks to the cautious outlook of the country’s leaders and the integrated national initiatives to promote national tourism, promote the products tourism, providing integrated environmentally friendly incentives and improving tourism infrastructure. Focus on providing value-added services.

Product strength

Al-Falasi pointed out that these indicators confirm the strength of the UAE’s tourism product and main services, attractive tourist destinations and improved tourism infrastructure. As a safe and preferred destination, providing a prosperous and popular tourist experience.

He underlined the importance of the role of the major events organized by the country in recent months to support the results of national tourism, the most important of which was “Expo 2020 Dubai”, which managed to attract more than 24 million visitors. . In six months, its second edition of the campaign “The most beautiful winter in the world” had brought in 1.5 billion dirhams in a month and a half and attracted more than 1.3 million local tourists.

Financial results

According to tourism data for the first quarter of 2022, the country’s hotel businesses attracted six million visitors after spending 25 million hotel nights, a 10% growth from the same period in 2019.

The average length of stay for customers of hotel establishments increased by 25% over the same period of comparison, going from three to four hotel nights.

In turn, the occupancy rate of hotel enterprises in the country reached 80% during this period, which is one of the highest in the world. Hotel companies also received revenues of 11 billion dirhams, with a growth rate of 20% compared to the same period in 2019, recording that these companies have resumed work at their full capacity of around 200,000 hotel rooms. ‘hotel.

Foreign markets

Additionally, in the first quarter of 2022, there has been a strong recovery and return of tourism to the country from overseas markets, with hotel companies in various emirates receiving around four million international tourists.

India, Saudi Arabia, the United Kingdom, the Russian Federation and the United States topped the national list of the largest foreign hotel customers.

80 Occupancy rate of 80% of hotel companies, one of the highest rates in the world.

ளுடன் With a total of four million international tourists, strong tourism receipts from international markets.

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