However, the same is not the case with mid-market hotels. Meanwhile, the domestic brands DAMAC, Emaar, Jumeirah hospitality groups expanded rapidly in the country. A complete background analysis of the Hospitality Industry in the United Arab Emirates, which includes an assessment of the industry associations, overall economy, and emerging market trends by segments, significant changes in the market dynamics, and market overview is covered in the report. Luxury hotels of all types, similar to boutique hotels, budget hotels and those with the region’s authentic touch colour the mainstream. Expo 2020, existing stimulus packages and expansionary budgets are set to underpin these stronger rates of growth”. In the UAE, the initiative will benefit a broad range of stakeholders involved with Expo 2020, from consultants and … This is because of several theme parks, medical tourism among a few catalysts that might help sustain the industry. Dubai has entered top 10 of the Global cities in hotel supply, 3 Ways to Empower Employees in the Hospitality Industry, All about Hotel Management Consultants- A Comprehensive Guide, How Revenue Management System Can Boost Your Hotel Business, Funny Pictures Related to the Hospitality Industry, Career Tips for Hospitality Professionals to Bounce Back after COVID-19, Top Information Systems Used in the Hotel Industry, Top Digital Marketing Trends in the Hospitality Industry, 25 Astonishing Facts about the Hospitality Industry. Given the demand, investors can expect double-digit investment (of around 10 to 12 per cent each year) with the right product and the right location. The number has already touched the magical 100,000 figure in the first quarter of 2017 if we include the Hotel apartments. Whether you love wild desert adventures, basking, parties, tours down the emirate’s historic location, fun at the sporting centres or anything, Dubai is far much more than just that. The government is doing all it can to make the dream a reality, and so far, the results are impressive. It isn’t the number of hotels alone that is making Dubai’s hotel industry a rapidly burgeoning sector. One of the American hospitality giant Marriott established a strong base in the country with more than 55 hotels that are spread across all the major cities of the region and are offering around 16,000 rooms/keys to the supply. And, the recent happenings including the achievement of such a worthy feat indicates a spur in the number of international tourists. Hospitality revenue in the UAE is forecast to increase by 10.8 per cent annually from last year to US$9.8 billion by 2020, despite concerns over a slowdown this year in foreign visitor spending. However; the “sudden and dramatic fall in the oil price has led to a decrease in high spending visitors to the region as well as the devaluation of the euro against the dollar has led to a drop in visitors in the Eurozone.” –Philip Shepard, a partner at PricewaterhouseCoopers. These events taking place in Dubai are a huge Tourist attraction for the coming years. It is due to this growth that even hospitality Jobs in Dubai have seen a dramatic rise in the past decade. At the moment, the industry’s motivation is to firmly and strategically position itself among the leading ten global destinations where room availability isn’t a problem. You probably know that a gigantic number of the planet’s crème de la crème hospitality facilities are right in the heart of this thriving economy. All Rights Reserved to Mordor Intelligence. We have a lot of information about the Hospitality industry of Dubai in this post. With the number of rooms soaring beyond the proverbial 100,000 mark, Dubai’s hotel and hospitality sector are poised for greatness. Along with the limitless of unexplored historical features, Dubai is celebrated for being the planet’s major shopping hub. We are always looking to hire talented individuals with equal and extraordinary proportions of industry expertise, problem solving ability and inclination. Hotel Jobs in Dubai are becoming easier to come by. The contribution of Travel and Tourism to UAE’s GDP is over 10%, The emirates of Dubai saw over 14.9 Million overnight visitors in 2016. Over 15 million overnight visitors are being welcomed by Dubai every year, Over 400,000 jobs are supported by the Hospitality and Travel industry in Dubai. But so far, it is safe to mention that Dubai hospitality industry is the new world in every sense of it! Click here. The country’s hotel sector is literally driving the job market as some of her oil reserves continue to wane. Are you aware of the current number of rooms in the hotel industry of Dubai? Recently opened Warner Bro’s World in Abu Dhabi, Sea World, Guggenheim, the under-construction Six Flags Dubai are a few to name that are forecasted to attract a large number of visitors to the country. Dubai Tourism Commerce & Marketing (DTCM), announced that Dubai welcomed 15.92 million overnight visitors during 2018. Middle East’s hospitality industry will start recovery in the Q4 of 2020 and this will continue in 2021, according to Colliers International's MENA Hotel Forecast report for 2020-2021. The market is also dominated by many domestic hospitality groups like Jumeirah Group, DAMAC Group, Emmar Hospitality which are spread across Dubai, Abu Dhabi, Fujairah, Ras Al Khaimah, Sharjah, and Ajman. The hospitality industry in the United Arab Emirates holds a great scope for newcomers to enter. In this post, we provide an overview of the hospitality industry in Dubai. If you continue to use this site we will assume that you are happy with it. Dubai; a shopper’s haven, an adventure lover’s must-visit destination, a cultural dynamism hub and where the impossible is possible, with such a distinguished hotel industry, is it the new world? © 2020. UAE holidays 2020 Coronavirus US Elections 2020 15% off on CV services Travel. Two-thirds of the world’s population lives within an 8-hour fight distance from the United Arab Emirates and International airlines like Emirates and Etihad Airways which are offering best-in-class international travel are becoming major drivers for the growth behind the tourism sector in the country.

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