A new report published by Euromonitor International revealed a positive future for UAE hotels and visitor attractions. UAE hotels’ annual revenues forecast to reach $10.9 billion in 2019, almost doubling from the $5.9 billion figure recorded in 2013.
Visitor attraction revenues are also forecast to double from $521 million recorded in 2013 to over $1.2 billion by 2019.
In 2015, UAE hotel revenues are forecast to reach $7.3 billion, while visitor attraction revenues will hit $638 million.
The new figures were released at the recently held The Hotel Show and The Leisure Show Dubai at the Dubai World Trade Centre.