Hotel room supply Abu Dhabi 2019-2021

According to ValuStrat, the hotel room supply in Abu Dhabi was forecasted to reach around 30 thousand keys by 2023. The average room rate stood at 358 AED.

Hotel industry in the Emirates

The hotel industry in the United Arab Emirates has experienced remarkable growth in recent years, reflecting the country's status as a top global tourist destination. Increasing tourism, business travel, and significant government investments drive the extensive hotel infrastructure. In 2021, the overall count of hotels and similar accommodations in the UAE exceeded 1.14 thousand units. By 2026, the room capacity in the hotel industry was forecasted to reach 213 thousand rooms. As a result, the hospitality sector is projected to experience substantial revenue growth, exceeding seven billion U.S. dollars by 2026.

Tourism in the UAE

Tourism in the United Arab Emirates has flourished as one of the fastest-growing industries in the country, captivating travelers with a unique blend of modernity and tradition. With its famous world-class hospitality, the UAE is expected to experience a steady rise in international tourist arrivals, increasing by 45 percent from 2024 to 2028. Visitors are especially drawn to the Burj Khalifa, the world's tallest building, and Palm Jumeirah, an artificial island that houses some of the world's most luxurious resorts. Besides that, the UAE offers a rich cultural experience with its historical sites. Consequently, the country’s tourism sector gross domestic product share is expected to steadily rise by 2.6 percentage points from 2023 to 2028, contributing significantly to the economy.