UAE's hotel revenues reach Dh45 billion in 2024 as occupancy rates ranked among highest globally

Hotel occupancy rates in the UAE climbed to 78 per cent last year, ranking among the highest both regionally and globally. 16 new hotels opened across the country in 2024, taking the total number of hotels to 1,251 by the end of the year. In addition, the number of hotel rooms also grew, reaching 216,966 by the end of 2024, up 3 per cent.

Hotel revenues in the UAE reached approximately Dh45 billion in 2024, reflecting a 3 percent year-over-year growth, said Abdulla bin Touq Al Marri, Minister of Economy and Chairman of the Emirates Tourism Council.

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Tourism remains a key pillar in strengthening the competitiveness and resilience of the national economy, supporting the country's transition toward an economy driven by knowledge and innovation, he said.

He added, "We are also focused on diversifying special interest tourism offerings, building the sector's capacities, fostering the participation of Emirati talent, and driving greater investment across all areas of the tourism ecosystem."

He noted that the number of hotel guests across the UAE reached approximately 30.8 million in 2024, reflecting a 9.5 per cent growth. This milestone represents 77 per cent of the hotel guest target set by the 'National Tourism Strategy 2031' - achieved seven years ahead of schedule.

"With the current growth trajectory, we are well on track to achieving the strategy's ambitious goal of attracting 40 million hotel guests," Al Marri said.