Hospitality industry In Dubai to reach US$7.6B by 2022

reogma|Hospitality industry In Dubai to reach US$7.6B by 2022

Dubai is expected to observe 20 million international tourist arrivals by 2020 and its hotel supply is expected to reach 132,000 by 2019. The number of mid-scale hotels are on rise and will target the budget tourists which will further drive the growth of supply scale and revenues of this industry.

  • Definition / Scope
  • Market Overview
  • Top Market Opportunities
  • Market Drivers
  • Market Restraints
  • Industry Challenges
  • Technology Trends
  • Regulatory Trends
  • Other Key Market Trends
  • Market Size and Forecast
  • Market Outlook
  • Distribution Chain Analysis
  • Competitive Landscape
  • Competitive Factors
  • Key Market Players
  • Strategic Conclusion
  • References

Definition / Scope

The GDP contribution by the hospitality industry shows a growth of 8% year on year with over 2,000 projects that are under-construction in pipeline. The growth is estimated to remain sustained due to the increasing occupancy rates as occupancies in this sector is expected to reach 35.5 million by 2019 and will grow at a CAGR of 10.2% thereafter.

Dubai is expected to observe 20 million international tourist arrivals by 2020 and its hotel supply is expected to reach 132,000 by 2019. The number of mid-scale hotels are on rise and will target the budget tourists which will further drive the growth of supply scale and revenues of this industry.

Further, the economic scenario of the country will improve such as recovery of oil prices, happening of big events, regulatory initiatives, investment in tourism activities which will support the growth of the industry.


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Tourism industry in Dubai to reach 20M visitors by 2020

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Dubai is expected to observe 20 million international tourist arrivals by 2020 and its hotel supply is expected to reach 132,000 by 2019. The number of mid-scale hotels are on rise and will target the budget tourists which will further drive the growth of supply scale and revenues of this […]
reogma|Hospitality industry In Dubai to reach US$7.6B by 2022reogma|Hospitality industry In Dubai to reach US$7.6B by 2022

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