|01-05-2015, 10:20 PM||#1|
Dubai hotel occupancy shed slightly
Dubai hotel occupancy shed slightly by 0.9% to 81.7% on a year-on-year scale in October, which illustrated a very insignificant drop of tourism in the UAE; the world`s top tourism and shopping destination.
The slight shed witnessed in hotel occupancy triggered a decline in the revenue of hotels per available room down by 2.3% to DH 845.60 as well on a year-on-year scale in October.
Up till now the total contribution of the travel and tourism sector to the UAE`s gross domestic product (GDP) has reached around 8.5% last year and is projected to incline further to almost 9% this year.
Not forgetting that Dubai is considered recently the world`s top best destination for hotels and shopping.
To be more precise Dubai is the world`s top destination for shopping ahead of New York City and Paris and for hotels ahead of Bangkok and Cancun in Mexico.
Dubai may be loosing its ranks as a top expat destination as a result of the surge of prices but remains one of the biggest sightseeing spots of the world with almost a 10.6% increase per year of its hotel guests.
Currently Dubai attracts more than 16 million tourists annually including 11 million hotel guests.
Also only more new hotels are attracted to open in Dubai this year ncluding Sofitel Dubai Downtown, Sheraton Grand Hotel and Four Seasons Resort Dubai.
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