Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Japan new car sales rise 1.8% in first half of 2026

    July 2, 2026

    South Korea exports reach record US$102.25 billion in June

    July 2, 2026

    World Bank approves US$700 million loan for Jordan jobs

    July 2, 2026
    Facebook X (Twitter) Instagram
    Gulf DailyGulf Daily
    • Automotive
    • Business
    • Entertainment
    • Health
    • Lifestyle
    • Luxury
    • News
    • Sports
    • Technology
    • Travel
    Gulf DailyGulf Daily
    Home » UAE tourism investments expected to hit AED100 billion by 2031
    Travel

    UAE tourism investments expected to hit AED100 billion by 2031

    By gulf-daily.comSeptember 8, 2024Updated:September 9, 2024No Comments2 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email

    MENA Newswire News Desk: The UAE’s tourism sector is showing strong growth, in line with the UAE Tourism Strategy 2031, which targets AED100 billion in investments and seeks to boost the sector’s GDP contribution to AED450 billion by 2031. The UAE’s ongoing investment in tourism infrastructure has paid off, with international tourist arrivals and hotel bookings hitting record numbers.

    uae-tourism-sector-to-contribute-aed450-billion-to-gdp-by-2031

    According to the World Travel and Tourism Council (WTTC), the UAE’s tourism sector contributed 11.7 percent to the nation’s GDP in 2023, equating to AED220 billion. This contribution is expected to increase to 12 percent, or AED236 billion, by the end of 2024. The WTTC further forecasts that the sector will add AED275.2 billion to the UAE’s GDP by 2034.

    Dubai has been a key driver of this growth, with 10.62 million tourists visiting the city in the first seven months of 2024, marking an 8 percent increase year-on-year. Abu Dhabi also experienced significant growth, with 2.87 million hotel guests in the first half of 2024, generating AED3.6 billion, a 19.5 percent increase over the previous year.

    The UAE’s success in tourism can be attributed to its world-class infrastructure, which includes airports, luxury accommodations, and a variety of tourist attractions. This, combined with the country’s diverse and sustainable tourism policies, has helped the sector thrive. The UAE’s commitment to developing new attractions and enhancing its tourism infrastructure ensures it remains a top destination for travelers from around the globe.

    This aligns with the broader goals set under the National Tourism Strategy 2031. As the UAE continues to implement its strategic tourism initiatives, it is expected to see further growth in both investment and visitor numbers, cementing its position as a global tourism hub.

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    South Korea tourist spending hits record in May

    June 29, 2026

    Emirates adds four weekly Dubai Accra flights

    June 20, 2026

    Emirates launches expanded travel insurance for global trips

    June 18, 2026
    Latest News

    Japan new car sales rise 1.8% in first half of 2026

    Automotive July 2, 2026

    TOKYO, JAPAN / MENA Newswire / – Japan’s new car sales rose 1.8% in the…

    South Korea exports reach record US$102.25 billion in June

    July 2, 2026

    World Bank approves US$700 million loan for Jordan jobs

    July 2, 2026

    Mexico advances after 2-0 win over Ecuador in World Cup

    July 2, 2026

    Harry Kane lifts England into World Cup round of 16

    July 2, 2026

    DR Congo Ebola cases rise to 1,307 with 377 deaths

    June 30, 2026

    South Korea tourist spending hits record in May

    June 29, 2026

    Amazon sets $48B India investment plan through 2030

    June 26, 2026
    © 2021 Gulf Daily | All Rights Reserved
    • Home
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.