• Tourism

    Tourism is a fast-growing sector in many emerging markets. OBG analyses the latest statistics on visitors and spending, highlighting investment opportunities. Our research covers hotel developments, government incentives, demand for leisure facilities and the MICE segment.
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Dubai’s rise as a major tourist destination and travel hub over the past two decades has been facilitated by large-scale investment in the hospitality and lodging industry. The emirate has taken a leading role not only in the Middle East – where it has long been a popular tourism market – but, increasingly, further afield, where it is...

 

With more than 8m tourists visiting in the first six months of 2017, what measures is the sector taking to ensure the sustainability of such growth?

 

In late April 2017 Dubai’s Department of Tourism and Commerce Marketing (DTCM), which oversees tourism development in the emirate, announced the establishment of Dubai College of Tourism (DCT). The new institution signalled a major move on the government’s part to address the shortage of well-trained hospitality staff in the emirate.

 

With a significant number of new hotels set to open, a raft of private sector-led investments in leisure and business facilities, and the government’s ambitious transport infrastructure development plan well under way, Dubai’s tourism industry is poised for a period of considerable growth in 2018.

Chapter | Tourism from The Report: Dubai 2018

With a significant number of new hotels set to open, a raft of private sector-led investments in leisure and business facilities, and the government’s ambitious transport infrastructure development plan well under way, Dubai’s tourism industry is poised for a period of considerable growth in 2018. While the emirate has long been a tourist destination in the Middle East and a key stopover point...

Dubai saw steady GDP growth of 3.2% in 2017 and is expected to reach 3.5% in 2018, with an increased drive towards consolidating its position as a knowledge-based economy. The emirate is among the most diversified in the region, thanks to factors such as a highly attractive business environment that has brought in large amounts of foreign investment.