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Hotels in the UAE were the world s second busiest after China in 2020 due to government efforts to contain the spread of the Covid-19 virus, encourage domestic tourism and take measures to accelerate the sector s recovery, the Ministry of Economy said.
UAE hotels recorded a 54.7 per cent occupancy rate last year, hosting14.8 million guests with an average of 3.7 nights per guest at 1,089 establishments, according to official statistics issued by the World Tourism Organisation (WTO) and the Emirates Tourism Council (ETC). The UAE was able to quickly contain the outbreak’s impact on the local tourism sector, Belhoul Al Falasi, chairman of the Emirates Tourism Council and Minister of State for Entrepreneurship and Small and Medium Enterprises, said. The country s success was a results of relying on innovation and agility in its efforts to provide incentives, launch initiatives, and create opportunities to accelerate the recovery of the tourism sector and boost its contri
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The UAE’s Minister of State for Entrepreneurship and SMEs said small and medium-sized enterprises will benefit from the move to normalise relations with Israel, helping to increase their contribution to the UAE’s economy.
Ahmad Belhoul Al Falasi told a webinar organised by Google this week that he also expects more Israeli start-ups to set up in the UAE.
“The implementation of a slew of measures and initiatives at both federal and local levels is further enhancing the openness of the UAE economy … presenting a golden opportunity for the Israeli business community to take advantage of the numerous economic prospects that are being generated,” he said.