• By the end of 2019, the number of vacant houses will reach 132,000

• Occupancy rate remains at 76-78%

• Rising number of international tourists，Extension of stay，Work together to promote sustained and steady growth of the industry

Dubai’s hotel industry is expected to show strong growth in the coming years，The market will continue to maintain its diversity and vitality。To 2019，Dubai hotel usage rate will reach 3.55 million times per year，The compound annual growth rate (CAGR) in the next 24 months will exceed 10.2%。

According to market research provided by Dubai Tourism，UAE room supply to rise to 13 by end of 2019.20,000 rooms，Compound annual growth rate (CAGR) of 11 over the next two years.1% growth，At the same time，The occupancy rate is expected to remain in a virtuous cycle of 76-78%，Fixedly lock the eyes of investors and developers。With the increasing number of international tourists，Extension of stay，New attractions and experiences that are constantly emerging，All demonstrate the competitiveness of Dubai’s hotel industry。Visitor length of stay at existing and emerging attractions will be further extended in the medium term，The demand for overnight stays from tourists has also increased。Expected in the next 24 to 48 months，The growth in overnight stay demand will outpace the growth in tourist numbers。

Helal Saeed Almarri, Director-General of Dubai Tourism, said: “We are working hard to realize the tourism vision and achieve the 2020 goals as soon as possible，Therefore, Dubai’s hotel industry has been a leading industry in promoting tourism growth。Dubai can become the fourth most popular tourist city in the world，And the number 188bet online sports betting of overnight stays by tourists continues to increase，Mainly benefiting from the joint efforts of domestic hotel industry partners。As domestic and foreign investors and managers further explore business opportunities in Dubai，Not only can we achieve hotel occupancy growth as planned，What’s more important is that the city becomes globally competitive，And win the favor of tourists through comprehensive services。Vice President and Prime Minister of the UAE、Under the leadership of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Ruler of Dubai，We continue to work together with the public sector and the private sector，Integrating the hospitality industry, and the travel industry as a whole, into our strategic vision，Make Dubai the most popular in the world、The tourist city with the highest repeat visit rate，Let the entire industry contribute to Dubai’s GDP growth。”

End of 2017，The hotel room reserve in Dubai is 107,431 rooms，4% year-on-year growth，Occupancy rate stable at 78%，The number of overnight visitors reached 1,5.79 million people，Has 6.2% growth。At a time when economic fluctuations and many markets are affected by political factors，Including oil price fluctuations、Brexit，This growth is particularly prominent。Not only that，The UAE currency dirham takes a hit due to the strength of the US dollar，Affecting Dubai’s global price competitiveness，Despite price adjustments in Dubai in 2017 which reduced average daily room rates by 4%，To ensure that room prices are in line with other tourist destinations，For tourists from 2013 to 2017，Dubai house prices still have a net increase of about 10%，In this case，Passenger traffic still maintained a strong growth of 30%。

Between 2013 and 2017，The number of available rooms in Dubai hotels is 5.9% CAGR，It is worth mentioning，Powered by Dubai Tourism Stimulus Plan，More mid-range affordable housing has emerged。From 2013 to the end of 2019，Three-star and four-star listings also increased by 10% and 13% respectively due to this trend。In order to attract more tourists from emerging diversified resource markets，Dubai 188bet Online Sports Betting and Casino regards promoting the diversification of the hotel industry as one of its strategic priorities to expand its tourism base，Good price，Good price、Suitable for long-term residence、Rooms that can host large parties are becoming a major demand。As family tourism continues to heat up，The proportion of families and self-service travelers in Asian markets is increasing，In the future, tourists will prefer flexibility、Various、Value-added room selection。

Benefiting from the continued development of the overall tourism industry，The demand for hotels and apartments in Dubai will further increase。The newly opened Dubai theme parks in 2016 - IMG Worlds of Adventures and Dubai Parks and Resorts will attract more families to travel。The recently completed Dubai Frame and Dubai Safari are also popular among residents and tourists。2017，Grand opening of Dubai’s first permanent theater performance La Perle show，Add more sparkle to Dubai’s culture and entertainment industry，Etihad Museum shows visitors the national history of the UAE，The completion of Dubai Historic District has also enriched Dubai’s historical features，Saruq Al Hadid Archaeological Museum is also open to the public，will provide residents and visitors with more opportunities to learn more about history。Tourist attractions such as these will boost hotel demand、Further growth in visitor numbers and length of stay。

Dubai’s aviation industry is one of the important driving forces for the development of tourism。The completion of Dubai International Airport has gradually made Dubai a world tourism center，2017，The airport ranks first in the world in terms of passenger traffic，reached 8,8.2 million people，An increase of 5 compared with 2016.5%，Plan to reach 1 by 2023.1.8 billion people。At the same time，Dubai World Central will also help the development of the aviation industry，In the long run，Dubai International Airport can accommodate 2 passengers a year.400 million passenger traffic。

Given that shopping has always been the main source of tourism consumption，Dubai’s retail industry will remain the core engine 188bet Online Sports Betting and Casino of tourism growth。Dubai’s infrastructure expansion plans also reflect the city’s confidence in growing tourist demand。Period from 2012 to 2017，Dubai completes 600,000 square meters of retail area，By 2019，900,000 square meters of new retail area will come online。Dubai currently has 57.3% of global brands，Such a huge retail scale and rich selection，And a collection of shopping festivals and seasonal discounts on the Dubai retail calendar，will encourage more tourists to spend。

Business tourism is a major pillar of the tourism industry，Another integral part of Dubai’s tourism industry。The average daily spending level of tourists in this area is considerable，High potential to convert into repeat leisure tourists。Therefore，Dubai Tourism is committed to building Dubai into a global innovation leader and a highly interconnected business center between the East and the West，Maintain close contact with the world’s most promising economies。

Plans for Dubai’s overall growth and increased capacity to expand tourism demand，Hyrule?Sayed?Helal Saeed Almarri concluded: “As one of the main means of stimulating tourist growth，The hotel industry is a sign of Dubai tourism，Won this city a good global reputation。For our grand goal，Attract more and more personalized visitors，We must realize that the hotel industry must not only meet the needs of tourists，We must leave a deep impression on tourists as a city promoter of Dubai，Let them linger。In order to provide tourists with more choices，Dubai Tourism Project has developed a variety of themes，such as retail、Food、Beach、Ocean、Adventure、Family entertainment and large-scale events。We look forward to seeing continued development in these areas，To provide the latest and most cutting-edge experience，Let Dubai attract more than just new tourists，We want old tourists to visit again。It’s very exciting，Our partners develop comprehensive travel experiences，And promoting the continued growth of tourism，Played a key role in improving global competitiveness。As a result, we are not only witnessing an increase 188bet sports betting app download in tourists，You can see more value-added parts，Because these factors can not only drive tourist demand and consumption，It can also promote the upgrade of hotel service experience in Dubai。To support partners，In addition to cooperating with the hotel industry to further expand attractions，Dubai Tourism also recently launched a blockchain market promotion project，In response to the call of His Highness Mohammed bin Rashid Al Maktoum，Making Dubai a global leader in the next 10 years，Become a pioneer in the democratization of tourism。Public sector and private sector partners work together，Working together toward a common strategic goal，We are confident that the tourism industry can make a greater contribution to the GDP growth of the UAE，And make Dubai a major global tourist destination in 2020 and beyond。”

- END -

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Dubai Tourism aims to continuously increase Dubai’s global visibility and attract more tourists and foreign investment，Also promote Dubai as the world's leading tourist destination and business center。Dubai Tourism Authority plans Dubai tourism industry、Supervision、Development and Marketing，Also responsible for the issuance of all tourism service business licenses (including hotels、Ground agencies and travel agencies, etc.) and their annual ratings。The subsidiaries of Dubai Tourism include: Dubai Convention and Events Bureau、Dubai Calendar，Dubai Festivals and Retail Department (formerly known as Dubai Festivals and Promotions Agency)。Dubai Tourism is headquartered in Dubai，Established 20 overseas offices around the world。

More information，Please visit http://www.visitdubai.com/

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