{"id":217756,"date":"2023-02-17T05:15:00","date_gmt":"2023-02-16T22:15:00","guid":{"rendered":"https:\/\/www.ttrweekly.com\/site\/?p=217756"},"modified":"2023-02-17T05:32:37","modified_gmt":"2023-02-16T22:32:37","slug":"dubai-and-abu-dhabi-grow-tourism-spending","status":"publish","type":"post","link":"https:\/\/www.ttrweekly.com\/site\/2023\/02\/dubai-and-abu-dhabi-grow-tourism-spending\/","title":{"rendered":"Dubai and Abu Dhabi grow tourism spending"},"content":{"rendered":"\n
SINGAPORE, 17 February 2023: A World Travel & Tourism Council report released earlier this week reveals positive signs of recovery for the Travel & Tourism sector in Dubai and Abu Dhabi as overseas travellers head back, providing a much-needed boost to economies across the country.<\/p>\n\n\n\n
The report, researched in partnership with Oxford Economics, analysed key indicators such as Travel & Tourism\u2019s contribution to GDP, employment, and traveller spending.<\/p>\n\n\n
\n<\/figure>\n<\/div>\n\n\n
The analysis of the impact of the Travel & Tourism sector in both cities shows that the direct GDP contribution, jobs, and visitor spending are all bouncing back.<\/p>\n\n\n\n
The WTTC Cities Economic Impact Report shows that in 2019, the Travel & Tourism sector contributed almost AED 51BN to Dubai\u2019s and AED 12.5BN to Abu Dhabi\u2019s economy.<\/p>\n\n\n\n
But although the pandemic had a damaging effect on many countries worldwide, the UAE demonstrated remarkable resilience.<\/p>\n\n\n\n
In 2020, Travel & Tourism’s GDP contribution in both cities dropped by more than half. In Dubai, it fell to AED 19.5BN, and in Abu Dhabi, it declined to just AED 6BN. <\/p>\n\n\n\n
But the global tourism body\u2019s research shows a strong recovery for both cities.<\/p>\n\n\n\n
Dubai\u2019s Travel & Tourism sector is forecast to have reached AED 46BN, only 10% below 2019 levels and Abu Dhabi\u2019s Travel & Tourism sector is expected to have grown to AED 11BN last year, just 12% below 2019 levels.<\/p>\n\n\n\n
WTTC president & CEO Julia Simpson said: \u201cCity destinations in the UAE continue to grow in popularity for travellers from around the world.<\/p>\n\n\n\n
\u201cAlthough these key cities were heavily affected by the pandemic, they have shown incredible resilience and signs of growth. The UAE\u2019s Travel & Tourism sector is on the road to recovery, demonstrating the wide appeal tourist destinations across the region continue to hold for international travellers.<\/p>\n\n\n\n
\u201cBut it\u2019s crucial that the national and local governments continue to recognise the economic importance of Travel & Tourism for the local and national economies, jobs and businesses.\u201d<\/p>\n\n\n\n
Jobs on the rise<\/strong><\/p>\n\n\n\n
The report also shows that across key cities analysed, employment within the Travel & Tourism sector is set to overtake pre-pandemic levels.<\/p>\n\n\n\n
The report also shows that in 2019 there were just under 262,000 in Dubai and almost 43,000 Travel & Tourism jobs in Abu Dhabi. <\/p>\n\n\n\n
The following year, job numbers dropped to just under 211,000 in Dubai (-19%) but increased slightly to just under 44,000 (+2%) in Abu Dhabi.<\/p>\n\n\n\n
In 2021, employment rose by 10% in Dubai to reach more than 231,000 but fell by 4% to slightly fewer than 42,000 jobs in Abu Dhabi.<\/p>\n\n\n\n
WTTC forecasts more job opportunities<\/strong><\/p>\n\n\n\n
In Dubai, employment numbers are forecast to rise by 13% to reach almost 262,000 jobs and Abu Dhabi employment numbers are set to reach just over 43,000 in 2022, showing a modest 0.4% increase in job numbers since before the pandemic. In Dubai, WTTC forecasts an AED1.5 billion increase in international visitor spending in 2022, compared to 2019, to AED108 billion (+1.4%).<\/p>\n","protected":false},"excerpt":{"rendered":"
SINGAPORE, 17 February 2023: A World Travel & Tourism Council report released earlier this week reveals positive signs of recovery for the Travel & Tourism sector in Dubai and Abu Dhabi as overseas travellers head back, providing a much-needed boost to economies across the country. The report, researched in partnership with Oxford Economics, analysed key […]<\/p>\n","protected":false},"author":22,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[447,1581],"tags":[],"class_list":{"0":"post-217756","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-middle-east","7":"category-trends"},"yoast_head":"\n
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