8.92 MILLION VISITORS PROJECTED TO VISIT UAE BY 2023 – Daisy BARRO

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According to research carried out by Arabian Travel Market (ATM), there will be an increase recorded on the number of tourists visiting UAE from five of its major source markets, namely India, Saudi Arabia, UK, Russia and China, between 2018 and 2023. This information was dished out ahead of the Arabian Travel Market scheduled to take place at the Dubai World Trade Center from April 28 to May 1, 2019.

The total number of visitors from India will rise to 3.01 million in 2023 (Compound Annual Growth Rate [CAGR] of 7%), arrivals from Saudi Arabia will rise to 1.76 million (CAGR of 2%) and arrivals from UK, to 1.28 million (CAGR of 1%). Exhibition Director ME, ATM, Danielle Curtis said: “The number of Russian tourists travelling to the UAE will increase at a Compound Annual Growth Rate of 12% to 1.6 million in 2023, while the number of Chinese tourists visiting the UAE will increase at a CAGR of 8% to 1.27 million over the same period, according to the data”.

The figures pertaining to Russia are so, due to relaxed UAE visa regulations towards Russians, and the strengthened Russian ruble caused by rising oil prices; meanwhile those pertaining to China are due to a presumed rise in China’s middle class (a 13% increase in just 5 years), and a possible rise in the population’s annual disposable income. To this effect, the number of hotel rooms across UAE’s seven emirates is expected to increase greatly, in order to accommodate the projected increase.

It is expected that, for a memorable exhibition, ATM 2019 will adopt state of the art technology as its central theme in all its activities this year for the benefit of industry stakeholders in attendance.

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