The outlook for the UAE’s travel and tourism sector has brightened in the second quarter of 2021, as the positive impact of the country’s strong vaccine programme starts to take effect, a report said.
Rollout of vaccines is improving outlook for leisure travel
Strategic initiatives by the UAE government are further helping in strengthening the recovery
Building consumer confidence will be key in attracting a greater number of tourists and residents
Tourism and hospitality businesses will have to remain agile and keep operations as lean as possible
The outlook for the UAE’s travel and tourism sector has brightened in the second quarter of 2021, as the positive impact of the country’s strong vaccine programme starts to take effect.
However, challenges continue to persist for certain segments of the industry.
The latest industry briefing from Mashreq Bank highlights how business travel and hospitality businesses will face hurdles for the remainder of 2021 as a result of the Covid-19 pandemic.