Key Insights
The UAE hospitality market, valued at $7.37 billion in 2025, is projected to experience robust growth, driven by increasing tourism, major events like Expo 2020's lasting impact, and significant investments in infrastructure development. The market's Compound Annual Growth Rate (CAGR) of 5.12% from 2025 to 2033 indicates a steady expansion, with the luxury and mid-scale hotel segments expected to lead this growth. Factors like rising disposable incomes among both residents and tourists, a growing preference for experiential travel, and the government's continuous efforts to diversify the economy contribute to this positive outlook. The competitive landscape is characterized by a mix of international chains like Accor, Marriott, Hilton, and local players such as Jumeirah and Rotana, each vying for market share through innovative offerings and loyalty programs. The segment breakdown reveals a diverse market with chain hotels and independent properties catering to various needs and budgets, including service apartments, budget hotels, and luxury accommodations. This diversity ensures a wide range of options for visitors, fostering the sector's continued expansion.
UAE Hospitality Market Market Size (In Billion)
Challenges remain, however. Fluctuations in global economic conditions and potential geopolitical uncertainties could impact tourism inflow, influencing overall market growth. Furthermore, maintaining high occupancy rates in the face of increasing competition requires constant innovation in services, amenities, and customer experience. The sustainability of the sector also depends on addressing environmental concerns and adopting eco-friendly practices, making it crucial for hotels to invest in sustainable initiatives. This balance of growth opportunities and potential challenges shapes the UAE hospitality market's trajectory for the coming decade, promising continued expansion but demanding strategic adaptation.
UAE Hospitality Market Company Market Share
UAE Hospitality Market: A Comprehensive Report (2019-2033)
This in-depth report provides a comprehensive analysis of the UAE hospitality market, covering market dynamics, growth trends, key players, and future outlook. With a study period spanning 2019-2033, a base year of 2025, and a forecast period of 2025-2033, this report is an invaluable resource for industry professionals, investors, and strategic planners. The report delves into various segments including Chain Hotels, Independent Hotels, Service Apartments, Budget and Economy Hotels, Mid and Upper-mid scale Hotels, and Luxury Hotels, providing granular insights into market size, growth drivers, and competitive landscape. Market values are presented in Millions of units.
UAE Hospitality Market Dynamics & Structure
The UAE hospitality market is characterized by a dynamic interplay of factors shaping its structure and growth trajectory. Market concentration is relatively high, with a few major players dominating the luxury and upscale segments, while the budget and mid-scale segments exhibit greater fragmentation. Technological innovations, particularly in areas like revenue management systems and guest experience personalization, are key drivers, albeit facing barriers such as high initial investment costs and the need for workforce upskilling. The regulatory framework, while generally supportive of industry growth, presents certain compliance complexities. Competitive substitutes, such as home-sharing platforms (Airbnb), exert pressure on traditional hotel businesses. The market is influenced by the demographics of tourists and business travelers and significant mergers and acquisitions activity have shaped the competitive landscape.
- Market Concentration: xx% market share held by the top 5 players (2024).
- M&A Activity: xx deals recorded between 2019 and 2024, valued at approximately xx Million.
- Technological Innovation: Adoption of AI-powered solutions is increasing, though challenges remain in data security and integration.
- Regulatory Framework: Stringent building codes and tourism regulations influence development costs and operational efficiency.
UAE Hospitality Market Growth Trends & Insights
The UAE hospitality market experienced robust growth in the historical period (2019-2024), driven by a surge in tourism, major events, and significant investments in infrastructure. The market size is projected to expand at a Compound Annual Growth Rate (CAGR) of xx% during the forecast period (2025-2033), reaching xx Million by 2033. This expansion is fueled by factors such as increased international tourist arrivals, government initiatives promoting tourism, and rising disposable incomes. Technological disruptions are reshaping customer expectations, emphasizing personalized experiences and seamless digital interactions. Consumer behavior is evolving, with increasing demand for sustainable and experiential travel. Market penetration for online booking platforms remains high, but there’s also a growth in direct bookings and loyalty programs.
Dominant Regions, Countries, or Segments in UAE Hospitality Market
Dubai remains the dominant region, accounting for xx% of the total market size in 2024. Its established tourism infrastructure, diverse attractions, and strong connectivity drive significant hotel demand across all segments, especially Luxury Hotels. Abu Dhabi, with its focus on business tourism and luxury offerings, occupies the second position. The Luxury Hotels segment shows the highest growth potential and market share due to high spending capacity and preference for premium services.
- Key Drivers for Dubai's Dominance: Extensive airport connectivity, world-class infrastructure, diversified tourist attractions, strong government support for the tourism sector.
- Growth Potential in Abu Dhabi: Focus on attracting high-spending tourists and business travelers; ongoing investments in infrastructure and tourism-related projects.
- Market Share (2024): Dubai - xx%, Abu Dhabi - xx%, Other Emirates - xx%.
UAE Hospitality Market Product Landscape
The UAE hospitality market showcases a diverse product landscape, ranging from budget-friendly accommodations to ultra-luxury resorts. Hotel chains are continuously innovating, introducing smart room technologies, personalized guest services, and sustainable practices to enhance their offerings. The focus is on superior customer experience through technology integration, unique amenities, and brand differentiation. Performance metrics increasingly focus on guest satisfaction scores, occupancy rates, and revenue per available room (RevPAR).
Key Drivers, Barriers & Challenges in UAE Hospitality Market
Key Drivers:
- Increased tourism inflow.
- Government initiatives supporting tourism.
- Major sporting and cultural events.
- Investments in infrastructure and new hospitality projects.
Challenges:
- Increasing operational costs (labour, utilities).
- Intense competition (especially in Dubai).
- Dependence on international tourist arrivals (vulnerability to global economic fluctuations).
- Maintaining sustainability and ethical practices.
Emerging Opportunities in UAE Hospitality Market
- Growth of the experiential travel market.
- Increased demand for sustainable and eco-friendly accommodations.
- Expansion of the serviced apartment sector.
- Opportunities in niche markets (e.g., wellness tourism, adventure tourism).
Growth Accelerators in the UAE Hospitality Market Industry
Long-term growth is fueled by strategic government initiatives, such as Expo 2020 Dubai's lasting impact, continued infrastructure development, and the diversification of tourism offerings. Technological advancements, like AI-powered guest services and smart hotel technologies, further boost efficiency and enhance the customer experience. Strategic partnerships and joint ventures between international and local players will accelerate market expansion into new segments and markets.
Key Players Shaping the UAE Hospitality Market Market
- Accor S A
- Danat Hotels & Resorts
- Majid Al Futtaim
- Al Habtoor Group
- Marriott International
- Rotana Hotels
- Hilton Worldwide Holdings
- DAMAC Group
- Jumeirah Hotels & Resort
- Abu Dhabi National Hotels
- Hyatt Hotel Corporation
- Emaar Hospitality Group
Notable Milestones in UAE Hospitality Market Sector
- March 2023: IHG Hotels & Resorts opened Voco Dubai The Palm, adding 138 rooms to the market.
- April 2023: HMH Group announced plans to launch 18 new hotels, significantly expanding its room inventory.
In-Depth UAE Hospitality Market Market Outlook
The UAE hospitality market is poised for sustained growth, driven by ongoing investments, strategic partnerships, and the evolving preferences of both domestic and international travelers. Strategic opportunities lie in tapping into niche tourism segments, embracing sustainable practices, and leveraging technological advancements to enhance the customer experience and operational efficiency. The market's long-term potential is significant, promising substantial returns for investors and stakeholders who can adapt to the dynamic changes within this thriving sector.
UAE Hospitality Market Segmentation
-
1. Type
- 1.1. Chain Hotels
- 1.2. Service Apartments
- 1.3. Independent Hotels
-
2. Segment
- 2.1. Budget and Economy Hotels
- 2.2. Mid and Upper mid scale Hotels
- 2.3. Luxury Hotels
UAE Hospitality Market Segmentation By Geography
-
1. North America
- 1.1. United States
- 1.2. Canada
- 1.3. Mexico
-
2. South America
- 2.1. Brazil
- 2.2. Argentina
- 2.3. Rest of South America
-
3. Europe
- 3.1. United Kingdom
- 3.2. Germany
- 3.3. France
- 3.4. Italy
- 3.5. Spain
- 3.6. Russia
- 3.7. Benelux
- 3.8. Nordics
- 3.9. Rest of Europe
-
4. Middle East & Africa
- 4.1. Turkey
- 4.2. Israel
- 4.3. GCC
- 4.4. North Africa
- 4.5. South Africa
- 4.6. Rest of Middle East & Africa
-
5. Asia Pacific
- 5.1. China
- 5.2. India
- 5.3. Japan
- 5.4. South Korea
- 5.5. ASEAN
- 5.6. Oceania
- 5.7. Rest of Asia Pacific
UAE Hospitality Market Regional Market Share
Geographic Coverage of UAE Hospitality Market
UAE Hospitality Market REPORT HIGHLIGHTS
| Aspects | Details |
|---|---|
| Study Period | 2020-2034 |
| Base Year | 2025 |
| Estimated Year | 2026 |
| Forecast Period | 2026-2034 |
| Historical Period | 2020-2025 |
| Growth Rate | CAGR of 5.12% from 2020-2034 |
| Segmentation |
|
Table of Contents
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1. Rising Tourism in the United Arab Emirates Bolsters the Growth in Hospitality Sector; The Rise in the Mice Industry in the United Arab Emirates Drives the Hospitality Sector
- 3.3. Market Restrains
- 3.3.1. High Rentals in the United Arab Emirates Pose a Restraint to the Hospitality Sector
- 3.4. Market Trends
- 3.4.1. Rising Tourism in the United Arab Emirates Bolsters the Growth Hospitality Sector
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. Global UAE Hospitality Market Analysis, Insights and Forecast, 2020-2032
- 5.1. Market Analysis, Insights and Forecast - by Type
- 5.1.1. Chain Hotels
- 5.1.2. Service Apartments
- 5.1.3. Independent Hotels
- 5.2. Market Analysis, Insights and Forecast - by Segment
- 5.2.1. Budget and Economy Hotels
- 5.2.2. Mid and Upper mid scale Hotels
- 5.2.3. Luxury Hotels
- 5.3. Market Analysis, Insights and Forecast - by Region
- 5.3.1. North America
- 5.3.2. South America
- 5.3.3. Europe
- 5.3.4. Middle East & Africa
- 5.3.5. Asia Pacific
- 5.1. Market Analysis, Insights and Forecast - by Type
- 6. North America UAE Hospitality Market Analysis, Insights and Forecast, 2020-2032
- 6.1. Market Analysis, Insights and Forecast - by Type
- 6.1.1. Chain Hotels
- 6.1.2. Service Apartments
- 6.1.3. Independent Hotels
- 6.2. Market Analysis, Insights and Forecast - by Segment
- 6.2.1. Budget and Economy Hotels
- 6.2.2. Mid and Upper mid scale Hotels
- 6.2.3. Luxury Hotels
- 6.1. Market Analysis, Insights and Forecast - by Type
- 7. South America UAE Hospitality Market Analysis, Insights and Forecast, 2020-2032
- 7.1. Market Analysis, Insights and Forecast - by Type
- 7.1.1. Chain Hotels
- 7.1.2. Service Apartments
- 7.1.3. Independent Hotels
- 7.2. Market Analysis, Insights and Forecast - by Segment
- 7.2.1. Budget and Economy Hotels
- 7.2.2. Mid and Upper mid scale Hotels
- 7.2.3. Luxury Hotels
- 7.1. Market Analysis, Insights and Forecast - by Type
- 8. Europe UAE Hospitality Market Analysis, Insights and Forecast, 2020-2032
- 8.1. Market Analysis, Insights and Forecast - by Type
- 8.1.1. Chain Hotels
- 8.1.2. Service Apartments
- 8.1.3. Independent Hotels
- 8.2. Market Analysis, Insights and Forecast - by Segment
- 8.2.1. Budget and Economy Hotels
- 8.2.2. Mid and Upper mid scale Hotels
- 8.2.3. Luxury Hotels
- 8.1. Market Analysis, Insights and Forecast - by Type
- 9. Middle East & Africa UAE Hospitality Market Analysis, Insights and Forecast, 2020-2032
- 9.1. Market Analysis, Insights and Forecast - by Type
- 9.1.1. Chain Hotels
- 9.1.2. Service Apartments
- 9.1.3. Independent Hotels
- 9.2. Market Analysis, Insights and Forecast - by Segment
- 9.2.1. Budget and Economy Hotels
- 9.2.2. Mid and Upper mid scale Hotels
- 9.2.3. Luxury Hotels
- 9.1. Market Analysis, Insights and Forecast - by Type
- 10. Asia Pacific UAE Hospitality Market Analysis, Insights and Forecast, 2020-2032
- 10.1. Market Analysis, Insights and Forecast - by Type
- 10.1.1. Chain Hotels
- 10.1.2. Service Apartments
- 10.1.3. Independent Hotels
- 10.2. Market Analysis, Insights and Forecast - by Segment
- 10.2.1. Budget and Economy Hotels
- 10.2.2. Mid and Upper mid scale Hotels
- 10.2.3. Luxury Hotels
- 10.1. Market Analysis, Insights and Forecast - by Type
- 11. Competitive Analysis
- 11.1. Global Market Share Analysis 2025
- 11.2. Company Profiles
- 11.2.1 Accor S A
- 11.2.1.1. Overview
- 11.2.1.2. Products
- 11.2.1.3. SWOT Analysis
- 11.2.1.4. Recent Developments
- 11.2.1.5. Financials (Based on Availability)
- 11.2.2 Danat Hotels & Resorts*List Not Exhaustive 6 3 Loyalty Programs Offered By Major Hotel Brand
- 11.2.2.1. Overview
- 11.2.2.2. Products
- 11.2.2.3. SWOT Analysis
- 11.2.2.4. Recent Developments
- 11.2.2.5. Financials (Based on Availability)
- 11.2.3 Majid Al Futtaim
- 11.2.3.1. Overview
- 11.2.3.2. Products
- 11.2.3.3. SWOT Analysis
- 11.2.3.4. Recent Developments
- 11.2.3.5. Financials (Based on Availability)
- 11.2.4 Al Habtoor Group
- 11.2.4.1. Overview
- 11.2.4.2. Products
- 11.2.4.3. SWOT Analysis
- 11.2.4.4. Recent Developments
- 11.2.4.5. Financials (Based on Availability)
- 11.2.5 6 COMPETITVE INTELLIGENCE6 1 Market Concentration Overview6 2 Company profiles
- 11.2.5.1. Overview
- 11.2.5.2. Products
- 11.2.5.3. SWOT Analysis
- 11.2.5.4. Recent Developments
- 11.2.5.5. Financials (Based on Availability)
- 11.2.6 Marriott International
- 11.2.6.1. Overview
- 11.2.6.2. Products
- 11.2.6.3. SWOT Analysis
- 11.2.6.4. Recent Developments
- 11.2.6.5. Financials (Based on Availability)
- 11.2.7 Rotana Hotels
- 11.2.7.1. Overview
- 11.2.7.2. Products
- 11.2.7.3. SWOT Analysis
- 11.2.7.4. Recent Developments
- 11.2.7.5. Financials (Based on Availability)
- 11.2.8 Hilton Worldwide Holdings
- 11.2.8.1. Overview
- 11.2.8.2. Products
- 11.2.8.3. SWOT Analysis
- 11.2.8.4. Recent Developments
- 11.2.8.5. Financials (Based on Availability)
- 11.2.9 DAMAC Group
- 11.2.9.1. Overview
- 11.2.9.2. Products
- 11.2.9.3. SWOT Analysis
- 11.2.9.4. Recent Developments
- 11.2.9.5. Financials (Based on Availability)
- 11.2.10 Jumeirah Hotels & Resort
- 11.2.10.1. Overview
- 11.2.10.2. Products
- 11.2.10.3. SWOT Analysis
- 11.2.10.4. Recent Developments
- 11.2.10.5. Financials (Based on Availability)
- 11.2.11 Abu Dhabi National Hotels
- 11.2.11.1. Overview
- 11.2.11.2. Products
- 11.2.11.3. SWOT Analysis
- 11.2.11.4. Recent Developments
- 11.2.11.5. Financials (Based on Availability)
- 11.2.12 Hyatt Hotel Corporation
- 11.2.12.1. Overview
- 11.2.12.2. Products
- 11.2.12.3. SWOT Analysis
- 11.2.12.4. Recent Developments
- 11.2.12.5. Financials (Based on Availability)
- 11.2.13 Emaar Hospitality Group
- 11.2.13.1. Overview
- 11.2.13.2. Products
- 11.2.13.3. SWOT Analysis
- 11.2.13.4. Recent Developments
- 11.2.13.5. Financials (Based on Availability)
- 11.2.1 Accor S A
List of Figures
- Figure 1: Global UAE Hospitality Market Revenue Breakdown (Million, %) by Region 2025 & 2033
- Figure 2: North America UAE Hospitality Market Revenue (Million), by Type 2025 & 2033
- Figure 3: North America UAE Hospitality Market Revenue Share (%), by Type 2025 & 2033
- Figure 4: North America UAE Hospitality Market Revenue (Million), by Segment 2025 & 2033
- Figure 5: North America UAE Hospitality Market Revenue Share (%), by Segment 2025 & 2033
- Figure 6: North America UAE Hospitality Market Revenue (Million), by Country 2025 & 2033
- Figure 7: North America UAE Hospitality Market Revenue Share (%), by Country 2025 & 2033
- Figure 8: South America UAE Hospitality Market Revenue (Million), by Type 2025 & 2033
- Figure 9: South America UAE Hospitality Market Revenue Share (%), by Type 2025 & 2033
- Figure 10: South America UAE Hospitality Market Revenue (Million), by Segment 2025 & 2033
- Figure 11: South America UAE Hospitality Market Revenue Share (%), by Segment 2025 & 2033
- Figure 12: South America UAE Hospitality Market Revenue (Million), by Country 2025 & 2033
- Figure 13: South America UAE Hospitality Market Revenue Share (%), by Country 2025 & 2033
- Figure 14: Europe UAE Hospitality Market Revenue (Million), by Type 2025 & 2033
- Figure 15: Europe UAE Hospitality Market Revenue Share (%), by Type 2025 & 2033
- Figure 16: Europe UAE Hospitality Market Revenue (Million), by Segment 2025 & 2033
- Figure 17: Europe UAE Hospitality Market Revenue Share (%), by Segment 2025 & 2033
- Figure 18: Europe UAE Hospitality Market Revenue (Million), by Country 2025 & 2033
- Figure 19: Europe UAE Hospitality Market Revenue Share (%), by Country 2025 & 2033
- Figure 20: Middle East & Africa UAE Hospitality Market Revenue (Million), by Type 2025 & 2033
- Figure 21: Middle East & Africa UAE Hospitality Market Revenue Share (%), by Type 2025 & 2033
- Figure 22: Middle East & Africa UAE Hospitality Market Revenue (Million), by Segment 2025 & 2033
- Figure 23: Middle East & Africa UAE Hospitality Market Revenue Share (%), by Segment 2025 & 2033
- Figure 24: Middle East & Africa UAE Hospitality Market Revenue (Million), by Country 2025 & 2033
- Figure 25: Middle East & Africa UAE Hospitality Market Revenue Share (%), by Country 2025 & 2033
- Figure 26: Asia Pacific UAE Hospitality Market Revenue (Million), by Type 2025 & 2033
- Figure 27: Asia Pacific UAE Hospitality Market Revenue Share (%), by Type 2025 & 2033
- Figure 28: Asia Pacific UAE Hospitality Market Revenue (Million), by Segment 2025 & 2033
- Figure 29: Asia Pacific UAE Hospitality Market Revenue Share (%), by Segment 2025 & 2033
- Figure 30: Asia Pacific UAE Hospitality Market Revenue (Million), by Country 2025 & 2033
- Figure 31: Asia Pacific UAE Hospitality Market Revenue Share (%), by Country 2025 & 2033
List of Tables
- Table 1: Global UAE Hospitality Market Revenue Million Forecast, by Type 2020 & 2033
- Table 2: Global UAE Hospitality Market Revenue Million Forecast, by Segment 2020 & 2033
- Table 3: Global UAE Hospitality Market Revenue Million Forecast, by Region 2020 & 2033
- Table 4: Global UAE Hospitality Market Revenue Million Forecast, by Type 2020 & 2033
- Table 5: Global UAE Hospitality Market Revenue Million Forecast, by Segment 2020 & 2033
- Table 6: Global UAE Hospitality Market Revenue Million Forecast, by Country 2020 & 2033
- Table 7: United States UAE Hospitality Market Revenue (Million) Forecast, by Application 2020 & 2033
- Table 8: Canada UAE Hospitality Market Revenue (Million) Forecast, by Application 2020 & 2033
- Table 9: Mexico UAE Hospitality Market Revenue (Million) Forecast, by Application 2020 & 2033
- Table 10: Global UAE Hospitality Market Revenue Million Forecast, by Type 2020 & 2033
- Table 11: Global UAE Hospitality Market Revenue Million Forecast, by Segment 2020 & 2033
- Table 12: Global UAE Hospitality Market Revenue Million Forecast, by Country 2020 & 2033
- Table 13: Brazil UAE Hospitality Market Revenue (Million) Forecast, by Application 2020 & 2033
- Table 14: Argentina UAE Hospitality Market Revenue (Million) Forecast, by Application 2020 & 2033
- Table 15: Rest of South America UAE Hospitality Market Revenue (Million) Forecast, by Application 2020 & 2033
- Table 16: Global UAE Hospitality Market Revenue Million Forecast, by Type 2020 & 2033
- Table 17: Global UAE Hospitality Market Revenue Million Forecast, by Segment 2020 & 2033
- Table 18: Global UAE Hospitality Market Revenue Million Forecast, by Country 2020 & 2033
- Table 19: United Kingdom UAE Hospitality Market Revenue (Million) Forecast, by Application 2020 & 2033
- Table 20: Germany UAE Hospitality Market Revenue (Million) Forecast, by Application 2020 & 2033
- Table 21: France UAE Hospitality Market Revenue (Million) Forecast, by Application 2020 & 2033
- Table 22: Italy UAE Hospitality Market Revenue (Million) Forecast, by Application 2020 & 2033
- Table 23: Spain UAE Hospitality Market Revenue (Million) Forecast, by Application 2020 & 2033
- Table 24: Russia UAE Hospitality Market Revenue (Million) Forecast, by Application 2020 & 2033
- Table 25: Benelux UAE Hospitality Market Revenue (Million) Forecast, by Application 2020 & 2033
- Table 26: Nordics UAE Hospitality Market Revenue (Million) Forecast, by Application 2020 & 2033
- Table 27: Rest of Europe UAE Hospitality Market Revenue (Million) Forecast, by Application 2020 & 2033
- Table 28: Global UAE Hospitality Market Revenue Million Forecast, by Type 2020 & 2033
- Table 29: Global UAE Hospitality Market Revenue Million Forecast, by Segment 2020 & 2033
- Table 30: Global UAE Hospitality Market Revenue Million Forecast, by Country 2020 & 2033
- Table 31: Turkey UAE Hospitality Market Revenue (Million) Forecast, by Application 2020 & 2033
- Table 32: Israel UAE Hospitality Market Revenue (Million) Forecast, by Application 2020 & 2033
- Table 33: GCC UAE Hospitality Market Revenue (Million) Forecast, by Application 2020 & 2033
- Table 34: North Africa UAE Hospitality Market Revenue (Million) Forecast, by Application 2020 & 2033
- Table 35: South Africa UAE Hospitality Market Revenue (Million) Forecast, by Application 2020 & 2033
- Table 36: Rest of Middle East & Africa UAE Hospitality Market Revenue (Million) Forecast, by Application 2020 & 2033
- Table 37: Global UAE Hospitality Market Revenue Million Forecast, by Type 2020 & 2033
- Table 38: Global UAE Hospitality Market Revenue Million Forecast, by Segment 2020 & 2033
- Table 39: Global UAE Hospitality Market Revenue Million Forecast, by Country 2020 & 2033
- Table 40: China UAE Hospitality Market Revenue (Million) Forecast, by Application 2020 & 2033
- Table 41: India UAE Hospitality Market Revenue (Million) Forecast, by Application 2020 & 2033
- Table 42: Japan UAE Hospitality Market Revenue (Million) Forecast, by Application 2020 & 2033
- Table 43: South Korea UAE Hospitality Market Revenue (Million) Forecast, by Application 2020 & 2033
- Table 44: ASEAN UAE Hospitality Market Revenue (Million) Forecast, by Application 2020 & 2033
- Table 45: Oceania UAE Hospitality Market Revenue (Million) Forecast, by Application 2020 & 2033
- Table 46: Rest of Asia Pacific UAE Hospitality Market Revenue (Million) Forecast, by Application 2020 & 2033
Frequently Asked Questions
1. What is the projected Compound Annual Growth Rate (CAGR) of the UAE Hospitality Market?
The projected CAGR is approximately 5.12%.
2. Which companies are prominent players in the UAE Hospitality Market?
Key companies in the market include Accor S A, Danat Hotels & Resorts*List Not Exhaustive 6 3 Loyalty Programs Offered By Major Hotel Brand, Majid Al Futtaim, Al Habtoor Group, 6 COMPETITVE INTELLIGENCE6 1 Market Concentration Overview6 2 Company profiles, Marriott International, Rotana Hotels, Hilton Worldwide Holdings, DAMAC Group, Jumeirah Hotels & Resort, Abu Dhabi National Hotels, Hyatt Hotel Corporation, Emaar Hospitality Group.
3. What are the main segments of the UAE Hospitality Market?
The market segments include Type, Segment.
4. Can you provide details about the market size?
The market size is estimated to be USD 7.37 Million as of 2022.
5. What are some drivers contributing to market growth?
Rising Tourism in the United Arab Emirates Bolsters the Growth in Hospitality Sector; The Rise in the Mice Industry in the United Arab Emirates Drives the Hospitality Sector.
6. What are the notable trends driving market growth?
Rising Tourism in the United Arab Emirates Bolsters the Growth Hospitality Sector.
7. Are there any restraints impacting market growth?
High Rentals in the United Arab Emirates Pose a Restraint to the Hospitality Sector.
8. Can you provide examples of recent developments in the market?
April 2023: Dubai-based Hospitality Management Holding (HMH) Group set to launch 18 new hotels in the Arabian Travel Market, During its participation in the ATM-2023, the Group will showcase its projects in the hospitality sector across the region and sign new partnership agreements. The Group will utilize the platform to show its future strategies and expansion plans into foreign markets. The HMH Group manages 13 hotels and resorts in and outside the UAE market, with a total inventory of 2032 rooms.
9. What pricing options are available for accessing the report?
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 3800, USD 4500, and USD 5800 respectively.
10. Is the market size provided in terms of value or volume?
The market size is provided in terms of value, measured in Million.
11. Are there any specific market keywords associated with the report?
Yes, the market keyword associated with the report is "UAE Hospitality Market," which aids in identifying and referencing the specific market segment covered.
12. How do I determine which pricing option suits my needs best?
The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.
13. Are there any additional resources or data provided in the UAE Hospitality Market report?
While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.
14. How can I stay updated on further developments or reports in the UAE Hospitality Market?
To stay informed about further developments, trends, and reports in the UAE Hospitality Market, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.
Methodology
Step 1 - Identification of Relevant Samples Size from Population Database
Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)
Note*: In applicable scenarios
Step 3 - Data Sources
Primary Research
- Web Analytics
- Survey Reports
- Research Institute
- Latest Research Reports
- Opinion Leaders
Secondary Research
- Annual Reports
- White Paper
- Latest Press Release
- Industry Association
- Paid Database
- Investor Presentations
Step 4 - Data Triangulation
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence