Dubai’s hotel sector has shown consistent growth in 2024, with revenue from hotel rooms reaching AED 8.76 billion dirhams, a 10.5% increase from the same period last year. This growth is due to an increase in the number of nights booked in Dubai hotels, which totaled 18.34 million nights, a 4% increase from the previous year.
The average room revenue was AED 478, with an average room price of AED 563 dirhams. Data from the Department of Economy and Tourism also revealed that the average return on hotel rooms in Dubai increased by 7% to reach AED 478, compared to AED 448 in the same period last year. This positive performance is supported by an increase in visitor flows from various global markets.
The total accommodation capacity in Dubai hotels has also increased, with about 150.2 thousand hotel rooms in 822 hotels and hotel apartment facilities by the end of May. The city’s commitment to enhancing its tourism sector and providing exceptional experiences for visitors contributes to its position as a premier tourist destination, ensuring continued success in the years to come.
Dubai’s hotel sector has shown consistent growth across key indicators such as revenue per available hotel room, average daily rate, and hotel capacity. The outlook for future performance remains positive, with demand for hotel rooms expected to continue rising, driven by global events and Dubai’s status as a top tourist destination.
As Dubai continues to develop its tourism infrastructure and offer high-quality services, the opportunities for sustainable growth in the hotel sector are plentiful. The city’s dedication to providing top-notch experiences for visitors contributes to its status as a premier tourist destination, ensuring continued success in the years to come.
In summary, Dubai’s hotel sector has shown significant growth during the first five months of