By Abhijeet Pratap Filed Under: From changing weather to changing governments, all these factors can impact it deeply. Apart from it, technological and social trends too can impact it deeply. With disposable personal income on the rise globally, is also expected to remain a profitable year for Hospitality industry.
Promotional writing, blog writing, branding copywriting and more. High standards and SEO qualified. Tourism sector of Dubai has emerged as an important contributor to the economic growth of Dubai. Dubai has become one of the major tourist destinations within the map of global tourism.
Every year huge number of tourists from all over the world come to visit this city. Dubai has been attracting business people, shoppers as well as tourists on account of its status of being a politically and economically safe place and the increasing relevance of the region Kumar, ; Dubai Chamber, Current trend in tourism growth in Dubai According to a report published by Dubai Department of Tourism and Commerce Marketing Cited in Travel and Tourism News Middle East,the year of had experienced a huge growth in tourism in the emirate.
For example, the first half of had registered a growth of 9 percent in the number of hotel guests compared to that during the first half of Till now, the tourism sector of Dubai has been maintaining the growth momentum in its tourism sector.
The number of visitors during the first half of stood at 5. There has been steady growth in hotel sectors with 6. Another interesting point made by Department of Tourism and Commerce Marketing Cited in ZAWYAwas that increase in the length of stay of visitors has been one of the major drivers of tourism growth in Dubai.
Along with growth in hotels and hotel apartments, average room rate has also shot up in Dubai. The occupancy rates in hotels have also been amazing in the recent time with the first six months of recording an occupancy rate of 85 percent ZAWYA Factors driving tourism growth in Dubai Given the rising trend of growth in the tourism sector of Dubai, it would be really interesting to figure out the factors that have contributed to the growth of tourism sector in Dubai.
One of the major factors behind the growth in tourism is the growth of population in UAE as well as in the entire GCC region that has been contributing to the rise in inter-regional travel within the GCC Oates, The improved infrastructure of UAE has been able to attract more tourists to Dubai.
Dubai has been trying to become the connecting node between Asia and South America that will significantly affect mobility on a global scale and thus will also contribute to further rise in tourism in Dubai Oates, In this context, the Gateway effect can be considered to be a major factor behind tourism growth in Dubai.
Thus, Dubai has been experiencing a huge stopover traffic that has also been contributing to the growth in the hospitality sector of Dubai.
Future of tourism in Dubai Looking at the current trend and the factors affecting tourism growth in Dubai, it seems that the tourism sector will continue to grow significantly in future as well. According to a report published by Dubai Chamberthe travel and tourism sector of UAE is predicted to experience an annual growth of 4.
Given the rising importance of tourism sector in this region, Dubai Chamber also predicted a huge increase in capital investment in tourism sector as well that will further improve tourism related infrastructure and will thereby attract more visitors from all over the world in future.
Another major driver of future growth in the tourism sector would be the Expo that will be held in Dubai. However, some downside risks should also be taken into account while talking about future growth of tourism in Dubai. For example, as pointed out by IMF Cited in ZAWYA,some potential cost overruns at the time of infrastructure development mainly in the context of Expo in Dubai might bring in some distortions to macroeconomic stability of the region.
Besides, some possible oversupply of property in the tourism sector also poses a risk to be taken into account. While concentrating on infrastructural development, the debt related issue should also be taken into account as increasing debt may significantly affect economic stability.
Politics and those involved with the political process, are therefore in a position to influence and articulate the views of tourists all around the world. Aside from influencing and projecting destination-related opinions, politicians make decisions every day which directly affect the tourism industry. Factors driving tourism growth in Dubai Given the rising trend of growth in the tourism sector of Dubai, it would be really interesting to figure out the factors that have contributed to the growth of tourism sector in Dubai. PESTLE analyses look at the Political, Economic, Social, Technological, Legal, and Environmental factors that affect a venture, organization, or country’s success. If you’re still unsure as to what a PESTLE analysis is, be sure to read this article before moving on.
Hence, the government needs to conduct a feasibility study before making huge investment mainly in the context of Expo by taking into account how Expo related infrastructural facilities would be used after the event.
Middle East Journal of Business, Vol. Travel and Tourism News Middle East. Dubai Continues growth as tourism hotspot. Dubai Chamber analysis forecasts strong growth in UAE tourism sector.
Trend in Dubai Tourism Industry.Technological factors too have a similar effect on the tourism industry and demand for travel and tourism.
In the advanced countries, several places despite not being geographically attractive or naturally beautiful, the cities attract tourists in large numbers because of technological factors. Politics of the United Arab Emirates takes place in a framework of a federal, presidential, and a constitutional monarchy.
The United Arab Emirates (UAE) is a federation of seven constituent monarchies: the Emirates of Abu Dhabi, Ajman, Dubai, Fujairah, Ras al-Khaimah, Sharjah, and Umm al-Quwain. Political And Economic Stability: Dubai is part of the UAE which is a low-crime and politically-stable country.
Also, the UAE enjoys financial and monetary stability. Its well-developed, sophisticated banking system features extensive credit facilities and ample liquidity.
Tourism Impact Analysis Dubai's Tourism Sustainability Times Are A'Changin' Mohammed bin Rashid Al Maktoum U.A.E. Labor Regulations Crime Terrorism Growing Tension in Dubai Fishing, Pearl Diving Village, Oil Palm Islands Economic & Political factors 2) Why Dubai has chosen to reclaim despite of her relatively large land size as compared.
PESTLE analyses look at the Political, Economic, Social, Technological, Legal, and Environmental factors that affect a venture, organization, or country’s success. If you’re still unsure as to what a PESTLE analysis is, be sure to read this article before moving on. United Arab Emirates: Economic and political outline.
In this page: Economic Outline | Political Outline. The healthy banking sector and tourism revenues have helped soften the impact of falling oil prices, which reflects the economic diversification of the UAE (the oil sector represents only 30% of GDP).
Dubai and Abu Dhabi in.