Hotel and tourism revenues set to double by 2019
28 September, 2015
HOTELIER MIDDLE EAST
A report by Euromonitor for the Hotel Show and The Leisure Show Dubai suggests UAE hotels’ annual revenues are set to reach US$10.9 billion by 2019, almost doubling from the US$5.9 billion figure recorded in 2013. Visitor attraction revenues are also forecast to double from US$521 million recorded in 2013 to over US$1.2 billion by 2019. In 2015, UAE hotel revenues are forecast to reach US$7.3 billion, while visitor attraction revenues will hit US$638 million.