May 16, 2024

Reasons For the Growth of Hospitality Sector in the UAE

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UAE has seen tremendous commercial growth in the past decade- and this isn’t just from the rapid exposure from foreign companies settling here. With the recent governmental policies being a hit for adventurous businesspersons and the scenic landscape, it has been attracting all sorts of good attention globally. 

 

The travel and tourism sector is predicted to grow steadily, resulting in a market volume of US $1628 million by the year 2028.  And while the normal business in the UAE booms, there is one sector that has been flourishing exceptionally, thanks to growing tourism.  

 

Today, the hospitality sector in the UAE is one of the best globally. And if numbers are to be believed, then there is no better fertile time to invest in the Emirates’ hospitality sector than today.

 

Reasons For Growth in Outstanding Hospitality

The revenue in hospitality sector is predicted to grow by approximately half a billion US dollars by the end of 2024.  Whether it is the charm of the Emirates, or the pull of wanderlust, the graph only predicts more influx of people into the region. 

From hotels to cafes to fine dining places, people are always looking for the next best experience. How else can you lift tourists’ experiences- efficient hospitality services. As such, hospitality also needs to step up, lest they become responsible for a slowdown in the economy.

Below are a few solid points highlighting the reasons behind the UAE hospitality sector taking a smooth flight.

Thriving Tourism:

  • Strategic location

Nestled between East and West, the UAE is a most convenient hub for global explorers. Imagine Europe, Asia, and Africa- all within the reach of a few hours’ flight – paradise for business and travel enthusiasts! 

  • Playgrounds: 

From world-class theme parks to sky-high observation decks, luxurious spas to thrilling desert adventures, the UAE can cater to your every whim. You name it, the Emirates has got it – and often on a grander scale.

  • Events Galore: 

Whether it’s the glitz of Formula One, the cultural kaleidoscope of Expo 2020, or the cutting-edge tech of GITEX, the UAE boasts a calendar crammed with mega-events, drawing in visitors from across the globe, year after year; quarter after quarter.

Economic Oasis:

  • Safety and Stability: 

Tucked away in the heart of the Middle East, away from conflict-laden zones and political turmoil, the UAE appears as a haven of peace and security- a welcome and refreshing respite for travellers seeking worry-free vacations.

  • Riches Beyond Oil: 

Up until some time ago, the UAE was known for only oil. Safe to say now, that oil isn’t the only game in town anymore. The UAE has diversified its economy, attracting investors and ensuring stability throughout all fiscal seasons.

  • Premium Infrastructure:

Think gleaming airports, state-of-the-art highways, museum-like shopping malls, and futuristic transportation systems. Emirates has one of the best infrastructures in the Middle East, and smooth methods of transportation make getting around a breeze, adding a seamless travel experience to your itinerary.

Reinventing world-class Hospitality:

 

With all sorts of attractions designed to entice travellers and tourists, Emirati hospitality too went up by multiple notches over the years. And the best part, there’s something for every age range- children to the elderly. 

 

You have zero reasons to worry about the hospitality services extended in the UAE towards toddlers or young children or senior citizens. Here are some of the services in the sector that have made UAE’s hospitality services stand out from the rest:

  • Luxury Beyond Your Knowledge:

From seven-star palaces to underwater suites, the UAE redefines luxury hospitality. You can prepare to be relaxed, pampered, dazzled, and left speechless in the best ways possible. From luxury swimming pools to gold sheet topped ice creams, a regal feeling is only a visit to the Emirates away.

  • Wallet-Friendly Hospitality: 

Don’t worry, luxury isn’t the only option in the Emirates. There are a huge number of budget-friendly hotels, boutique B&Bs, and trendy hostels catering to the backpacker crowd and value-conscious travellers. 

Talk about a budget friendly experience, right?

  • Experiences Worth Your Time: 

Lying by the pool is very 90s these days. The UAE offers everything from dune bashing in the desert to falconry, pearl diving, and cultural immersion experiences that will stay with you long after the tan fades. Only in the UAE, will you get experiences as unique as the land itself, some may say.

  • Tech-Smart Touches: 

Smart rooms, AI concierges, and virtual reality experiences – the UAE embraces technology to personalize your stay and make it truly unforgettable. So, you can bring in your kids and teenagers for some extra excitement during your Emirates stay.

MICE on the Rise:

 

Meetings, Incentives, Conferences and Exhibitions- we did say there is always something for everyone in the UAE- business included. If you are someone who’s visiting only for work purposes, don’t worry, there are multiple places that will cater hospitality to you while you grow that network.

 

World-class convention centres, cutting-edge exhibition halls, and state-of-the-art technology are some of the best places catering hospitality to people who arrive on business opportunities. 

Apart from that, UAE regularly plays host to global conferences, summits, and trade shows that again prove the mettle of its amazing hospitality sector.

Adaptability in the Face of Sandstorms:

There are always setbacks in business and work, but what proves a sector’s worth is how well they adapt to real time incidents as well as prepare for possibilities. And the UAE’s hospitality sector is no stranger to adaptability.

 

During the recent pandemic, the hospitality sector implemented valid safety protocols, diversified their services according to emergent requirements, and embraced technology to stay afloat; showing great resilience. 

Apart from that, the UAE recognises the importance of a healthy planet, and the hospitality sector doesn’t lag behind. The focus is increasingly on eco-friendly practices and sustainable tourism, making it one of the friendliest destinations for the conscious traveller.

Conclusion:

While the sun-kissed beaches and towering skyscrapers undoubtedly play a role, it is actually the confluence of many diverse factors that makes the UAE’s hospitality sector truly shine. 

And today, however the industry continues to innovate in various arenas, caters to the diverse needs of diverse clients, and embraces sustainability along with technology, the future of the hospitality sector of the UAE looks greatly promising.

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