UAE Tourism: Boosting investments to drive GDP growth

The UAE's tourism sector continues to record remarkable performance in international tourist arrivals and hotel bookings, aligning with the UAE Tourism Strategy 2031, which aims to attract Dhs100 billion in tourism investments and boost the sector's contribution to the GDP to Dhs450 billion by 2031.

In 2023, the tourism sector contributed 11.7 percent of the UAE’s GDP, totalling Dhs220 billion, and is expected to rise to 12 percent or Dhs236 billion in 2024, according to figures from the World Travel and Tourism Council (WTTC).

The WTTC projects the travel and tourism contribution to the UAE GDP to reach around Dhs275.2 by 2034, supported by the world-class infrastructure in the country, which includes airports and accommodations, but also thrilling tourist attractions.

Dubai welcomed 10.62 million tourists in the first seven months of 2024, an 8 percent increase year-on-year (YoY), data showed. Meanwhile, Abu Dhabi’s hotels saw over 2.87 million guests during the first half of 2024, generating Dhs3.6 billion, a 19.5 percent growth YoY.

These accomplishments highlight the success of the UAE's sustainable tourism policies and its strong infrastructure, diverse tourist destinations, and commitment to ongoing development under the National Tourism Strategy 2031.

WAM