Dubai will see 8,600+ new hotel rooms

Dubai will see 8,600+ new hotel rooms in 2024

– About 3,000 of them – in luxury hotels.

The number of new hotel rooms in 2024 is expected to be more than in 2023 and 2025 combined:

2023 – 16 hotels with 3,200 rooms

2025 est. – 16 hotels with 3,300 rooms

Notable hotel openings in 2024 include:

– One & Only One Za’abeel

– Mercure Dubai Deira

– The Lana, Dorchester Collection

Other tourism sector metrics:

• Number of tourists

2022 rose by 97% compared to 2021 – 14.4 mln people

2023 rose by 19.4% compared to 2022 – 17 mln

• Dubai International Airport (DXB) traffic
• 2023 – 87 mln people, which surpassed pre-pandemic levels. It is planned to reach 89 mln by 2025.

• Hotel occupancy rates

In 2022-2023, there was a sharp increase in the indicator in all Emirates:

• Ras Al Khaimah +20%
• Fujairah +19%
• Sharjah +9%

• Abu Dhabi +7%
• Ajman +5%

In 2022, the UAE approved the National Tourism Development Strategy 2031, aiming to:

• Boost the tourism sector's GDP contribution to $122.5 b
• Attract investments worth $27 billion
• Welcome 40 ml hotel guests annually by 2031