The UAE seeks to attract new investment to the tune of Dh100 billion to the tourism sector and welcome 40 million guests to the country's hotels by 2031, a..
UAE s tourism sector contributed AED220 billion ($60 billion) to the GDP in 2023, accounting for 11.7% of the economy. This upward trend is likely to continue this year as well with a greater share to GDP that will hit 12%, said an industry expert.