What strategies in the coming years could encourage private investment aimed at making Dubai a more compelling family destination?
What strategies in the coming years could encourage private investment aimed at making Dubai a more compelling family destination?
With decades of experience in hosting international contests, Dubai is looking to increase its repertoire of sporting events by investing in new facilities and expanding existing sites. In 2014, plans were announced for the construction of new stadiums, but Dubai Sports Council is also keen to see smaller sports facilities built to serve new and existing communities....
By some measures the tourism and hospitality sector in Dubai is already in a league of its own internationally. In terms of overnight visitor arrivals’ spend per resident, for example, Dubai stands head and shoulders above every other major destination city in the world. In its relatively short history, Dubai’s hospitality sector has learned how to constantly reinvent...
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.
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...
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