With tourist numbers growing year-on-year and the prospect of a huge event just five years away, optimism is prevalent in Dubai’s hospitality sector. At the same time, as new hotels, apartments and holiday villas are built, there are fears in some quarters that the emirate may create a glut in supply.
The Middle East Tourism
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Articles & Analysis | As capacity in Dubai's hotel segment grows, diversity, quality and value remain priorities from The Report: Dubai 2015
Articles & Analysis | Regulatory changes and Expo 2020 diversify Dubai's tourism revenue streams from The Report: Dubai 2015
While the regulation of tourism at the local level rests with the Department of Tourism and Commerce Management (DTCM), new federal regulations from the UAE’s Department of Naturalisation, Residency and Ports Affairs in August 2014, could have an impact on visitor numbers to Dubai.
Dubai’s tourism offering has continued to expand in recent years, and with the emirate consistently rising to meet new challenges and break new records, this trend looks set to continue. Visitor numbers have increased every year since 2003, resulting in a CAGR of 8.3% for 2003-13. Investment into the sector is rising quickly as well: 6.2% of total investment in the UAE during 2013 was directed...
In many respects 2014 marked the transition from strong recovery to promising growth for Dubai. With many exciting projects in the pipeline, not least the hosting of Expo 2020, the emirate is continuing to build on its reputation as a dynamic and international centre for business.
Articles & Analysis | Investments in hotels and infrastructure drive growth of Bahrain's tourism sector from The Report: Bahrain 2015
The islands of Bahrain have been drawing visitors to their shores for centuries. Known as Dilmun in The Epic of Gilgamesh and Tylos by the ancient Greeks, Bahrain today is one of the Gulf’s leading...
Articles & Analysis | Tourism has been earmarked as a key industry for Bahrainisation from The Report: Bahrain 2015
The tourism sector provides employment for Bahraini nationals across the kingdom in a number of roles, from management at hotels to taxi providers. As such the industry is seen as increasingly important in the government’s plan to expand the input and role of the national population in the local economy.