The Tourism of UAE hits record $ 70bn in 2024, Rank Top 7 in World Spend

The Tourism of UAE hits record $ 70bn in 2024, Rank Top 7 in World Spend

the The Travel and Tourism sector in UAE Records a sign of the year 2024, contributed aed257.3bn ($ 70.1bn) to National Economy – 13 percent of the World Traveling Council (WTTC).

This marks a 3.2 percent increase from 2023 and a unique 26 percent leap from pre-pandemic levels, placing the UAE in the top seven turralis destination.

Sheikh Mohammed Bin Rashid Al Maktoum, Prime Minister and Ruler of Dubai, said the achievements were freed in centuries.

UAE TOURISM BOOM

Sheikh Mohammed said: “In a new sign of strength and variation in our national economy, the WTTC report promotes the UAE tourism sector.

“Internationitor’s expenditure exceeds AED217BN last year, with expenditures when it comes home to AED57BN.

“UAE rankings among the main destinations in the world for international tourist expenditure, the more countries in this industry for centuries.”

“We welcome tourists, enjoying persuading investors, pushing talent, and building the best environments for living, tourism, and visiting the world.”

The report reveals that international guests have expended reached AED217.3bn ($ 59.2bn) in 2024, up to 2023 and 30.4 per cent higher than in 2019.

Meanwhile, home tourism spending also arrived at AED57.6BN ($ 15.7bn) – a 41 percent increase in 2019 numbers.

Abdulla Bin Toqu Al Marri, Minister of Economy and Tourism, promoted UAE’s success in a cornerstone of infrastructure infrastructure infrastructure, cultural offerings, and service quality.

Al Marri said: “Only days ago, UAE reached a historical milestone in the tourism sector A-Afdais in the United Nations Tourism Organization (UNWTO).

“Today the results of the WTTC testify of the view of our leadership in our tourism’s competence, which makes work opportunities for emiratis, as a global Powerhouse in tourism.”

“These actions emphasize that the UAE tourism sector confidently progresses the purposes set forth by the UAE 2031 tourism strategy.

“The strategy refers to the add to the National GDP sector sector ($ 121.5bn) and lift the number of hotel visitors in 40m each year in the next decade.”

The report also emphasized that leisure tourism is worth 84.7 percent of the total tourism spending in UAE in 20.3 percent.

It shows the adaptation of the sector and the ability to balance recreational and commercial tourism demands.

In addition, it is shown to collapse in spending 79 percent of total tourism spending from international visitors, while 21 percent are dedicated to home tourists.

In 2024, UAE accepts tourists from a wide range of markets, with primary contributions to:

  • India: 14 percent
  • UK: 8 percent
  • Russia: 8 percent
  • China: 5 percent
  • Saudi Arabia: 5 percent
  • Rest in the world: 60 percent

This different visitor appears in effectiveness of flexible tourism policies and global outreach techniques.

Despite the fast progress, UAE retains environmental commitments:

  • Tourism is considered for 13.3 percent of National Carbon Remissions in 2023
  • Women make up 16.3 percent of sector workers
  • Youth (age 15-24) represent 9.7 percent of tourism jobs

Tourism also provides $ 8.6bn of tax revenues, or 5.4 percent of government overall revenue, which is important to financial importance.

In all over the world, the travel and tourism sector contributed $ 10.9tn to Global GDP in 2024, with 356.6 million jobs made.

the WTTC Projects to reach $ 11.7tn in 2025, driven by pent-up, investment in infrastructure, and transfer to lasting travel.

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