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The funding will support RAK Properties' projects, including luxury hotels and residential communities in Mina Al Arab
Hotel occupancy rates held steady at 66 percent
This change, effective September 4, aims to position the Kingdom as a global tourism leader
The industry's contribution to global GDP is expected to rise by 12.1 percent year-over-year
By the end of May, Abu Dhabi boasted 169 hotel establishments, offering a total of 34,079 rooms
International overnight visitors rose 9 percent compared to H1 2023
Data showed a significant uptick in both domestic and international travel
From Saadiyat Island’s Cultural District to four world-class theme parks on Yas Island
Private oases located in stunning European and Maldivian destinations
UAE ranked among the top 10 global travel destinations in the past year
The GCC hospitality sector's revenue is expected to reach $48.1 billion by 2028
Occupancy rates in January and February 2024 surged beyond mid-80 percent
$3.9 trillion is the estimated pipeline value of unawarded construction projects in MENA from 2024-28
Leading hospitality brand to open 70 hotels in the region in the next few years
New openings to bolster its position as a leading hospitality brand in the region
Innovative offers – from jet to yacht experience – continue to excite guests from around the world
New twice-weekly service, operated by flydubai, commences from DXB to RSI on 18 April
The development will boast 220 rooms, suites, and villas
Further consolidating status as one of the top three global cities for business and leisure
First phase of infrastructure to be completed by Q4 2026
Europeans topped the list with 19 percent of total tourists
Umm Al-Qura and General Authority of Awqaf collaborate on distinctive hospitality project
Overall recovery in domestic and cross-border tourism
To include a hotel, resort and premium residences
