In the first half of the year 2024, the volume of hotel room revenue in Dubai increased by 6.98% to about 9.372 billion dirhams, compared to 8.76 billion dirhams in the same period last year, according to data from the Department of Economy and Tourism. , which reported that the number of hotel nights in the first six months of this year reached 21.35 million nights, while the average revenue per room reached 439 dirhams.
According to the data, the growth in hotel room revenue in Dubai was supported by a 3% increase in the number of rooms booked to 21.35 million rooms at the end of the first half of 2024, compared to 20.73 million rooms in the first half. last year, and the revenue rate from available rooms increased by 6% compared to the previous year, compared to 439 UAE dirhams.
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Recent record revenues for hotels operating in Dubai have made the emirate one of the most important markets in the world, and it has become a hot topic of competition among hotel groups seeking to strengthen their ongoing presence and increase their participation. the local market to take advantage of the growing flow of tourism in various markets.
Many local and international hotel chains are looking to strengthen their presence in Dubai by increasing the number of rooms they manage, to improve their share and to benefit from the continuous growth of revenues achieved by hotels in the emirate, supported by the growth of tourist flows and the high demand for hotel rooms of different categories.
Data from the Department of Economy and Tourism revealed the achievement of qualitative achievements in many ways related to the inclusion of a large number of hotel rooms, and the constant growth of the number of tourists, launching many initiatives, and its ability to penetrate. new markets with the help of local airline expansions, and reaching new stations and destinations.
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Dubai’s Department of Economy and Tourism collaborates with more than 3,000 partners in 80 markets worldwide to organize marketing campaigns aimed at increasing the emirate’s presence in key markets.
Tailored strategies and activities that highlight the emirate’s unique offering have helped it maintain its leadership position as a preferred travel destination for visitors from key markets, both traditional and emerging.
Data from the Department of Economy and Tourism showed that the volume of hotel room revenue in Dubai increased by 18.2% last year to reach 17.3 billion dirhams, compared to 14.63 billion dirhams in 2022, and the data indicated the number of nights. Dubai hotels reached 41.7 million last year, and the average profit per room reached 415 dirhams.
The high demand for hotel rooms at all levels led to a rise in prices, which was reflected in an increase in revenue along with the rise in demand.
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