UAE's travel and tourism outpacing global growth


(MENAFN- Khaleej Times)  A research released by The World Travel and Tourism Council, or WTTC, indicates that travel and tourism in the UAE is growing notably faster than the world GDP growth average, contributing 14 per cent to the economy in 2012 and exceeding the global average of nine per cent. The WTTC also forecasts a further rise of 3.2 per cent this year, highlighting the sector's increasing importance in the country's overall economic development. JW Marriott Marquis Dubai will respond to this demand with the introduction of a second tower, bringing the total room count in the hotel to 1,608 and adding two further options to a portfolio of 16 food and beverage outlets. Within the first eight months of opening, JW Marriott Marquis Dubai has made a significant contribution to the UAE's rapidly expanding tourism and travel sector. Adding 804 rooms and over 7,500sqm of indoor and outdoor event space to the market, the impressive convention hotel is driving growth in the lucrative meetings, incentives, conferences and events market in the UAE. The hotel has recorded remarkable numbers in both individual and group bookings, establishing itself as a preferred hotel for international business travellers. Filling a noted gap in the market, the hotel is the first in Dubai capable of hosting groups, meetings and conventions of up to 1,000 people. Occupancy rates at the hotel are closely aligned with those reported in Dubai, which maintained an average of 88.2 per cent since the beginning of 2013. New figures referring to the first four months of 2013 have revealed that the hotel's top five source markets for leisure are the US (17 per cent), Saudi Arabia (16 per cent), the UAE (14 per cent), the UK (seven per cent) and Qatar (five per cent). For group bookings, the UAE (25 per cent), the US (10 per cent), India (seven per cent), Belgium (five per cent) and the UK (five per cent) were the biggest drivers.


Khaleej Times

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