Welcome

Sell Your Property

Best Reasons For Which Tourism Is Set To Boom In Dubai And Abu Dhabi In 2023

17 Feb, 2023
Best Reasons For Which Tourism Is Set To Boom In Dubai And Abu Dhabi In 2023
BUY IN DUBAI
EXPLORE DUBAI
HOLIDAY HOMES
STARLING PROPERTIES

2023 is a year in which people have big plans following the pandemic. Tourism is an industry that’s slated to flourish this year, especially since the pandemic is basically over and travel is on the table once again without so many restrictions.

The UAE has seen significant tourism during the past years as well. Although the world was drowned in a lot of crises, this year is set to be one of the best ones so far. The tourism industry, along with the real estate one, has probably been some of the most successful ones in Emirati, and things will only get better, according to specialists.

In this article, we will be addressing the five main reasons for why tourism will see a massive boom in both Abu Dhabi and Dubai in 2023.

Tourism to see an explosion this year in Dubai and Abu Dhabi

It’s also important that we mention the fact that the UAE is diversifying its economy by leveraging the location as a global air axis. Dubai and Abu Dhabi are continually getting ready for a growing number of visitors that will be able to dwarf the one today.


Back in 2021, during the Dubai Airshow, which tool place in November of that year, Abu-Dhabi-based Etihad Airways placed orders for 86 Boeing 777/787s. We also have to mention the fact that the Dubai-based Emirates ordered $99 billion worth of equipment—including 150 Boeing 777s and 50 Airbus A380s—the largest single aircraft purchase in civil aviation history.

Then in April of 2022 another essential issue is the fact that the Dubai International Airport passed London’s Heathrow as the world’s busiest gateway for international travelers.

On the other hand, we must highlight the fact that Dubai and Abu Dhabi are just warming up in terms of tourism and hospitality development, according to the latest reports.

The new expectations and predictions for 2023 are saying that the two cities in the United Arab Emirates, located 75 minutes apart by car, anchor a region “poised to take off” according to the new Amadeus study: Shaping the Future of Travel in the Gulf Cooperation Council (GCC).

Just in case you don’t know, the member nations of the GCC include the following: Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the UAE.

This paper that we mentioned above notes all kinds of exciting predictions for the tourism industry, which are set for over the next 15 years throughout the entire region, but there’s a disproportionately large focus on the UAE.

According to these notes, Dubai and Abu Dhabi are leading the GCC’s growth. We are not only referring to the infrastructure expansion and passenger traffic, but we are also talking about more globally-attuned socio-political shifts in the public and private sectors.

“Faced with increasing complexity, companies are at the precipice of change,” says Aroop Zutshi. This is the president/managing partner of the market research firm Frost & Sullivan, who produced the report.

He continued and said the following: “A region poised for social change combined with a need to grow globally is increasing pressures on companies based in the Middle East to innovate in new exciting ways.”

It’s also worth noting the fact that for Western travelers, the UAE is saddled with a variety of stereotypes, both real and imagined. Skift website made a great move last year, and they contacted Nicholas Clayton, COO of the government-owned Jumeirah Group, to learn how UAE hotels promote to the North American market.

Here’s what he had to say on the matter:

“I can’t think of anywhere else to go to learn in a more friendly and inviting way about this part of the world, and the people who live here, and the history and cultural heritage, than Dubai,” says Clayton.

He continued and pointed out the following: “Here, I have quality lift into the destination, I have quality logistics on the ground, I have quality hotels and all types of leisure activities, dining opportunities and special events. And meanwhile, I get to understand the Arab culture more. I appreciate that they are people of the world just like everybody else, and that some of the differences that we have between some of the cultures are not that big of differences at all.”

He also made sure to make an interesting comparison between Dubai and Singapore.

It’s worth highlighting the fact that this is an international gateway city with English widely spoken everywhere that offers people easy access to a complex region. It also has a high degree of safety, stability, and infrastructure by Western standards.

“Dubai is very much an international city; I mean, I remember 20 years ago first hearing about Dubai and I had no idea what that meant,” says Clayton.

He continued and revealed the following ideas: “But today when you talk about world cities, you talk about Tokyo, Hong Kong, London, Paris—and Dubai is on that list now. It’s actually on the same list. Think about that. In 20 years, Dubai has evolved from a complete unknown into a world city. And one of the reasons for that is because in this part of the world, Dubai is a place of tolerance, a celebration of diversity, and it is very much a high-quality destination to live and work.”

The same website that we mentioned above also noted the fact that the GCC Future of Travel study is organized around five “Big Effects.” All of these effects are seen as contributing significantly to the UAE’s future growth, as it is highlighted in the development strategy initiatives: Dubai Tourism Vision for 2020 and Abu Dhabi Economic Vision 2030. Here’s a breakdown of each of them in the order they’re presented. Anyway, below, you can see which are these five factors that will contribute to the explosion of tourism this year and in the years to come as well.

 

Population Effect

the population effect ifs the very first element that we are addressing as being an important reason for which tourism is set to thrive this year.

It’s essential to mention that the steady rise in the expatriate population that is moving to the UAE, the importance of family and also religious travel, and a robust natural population growth are all adding up more and more bricks to a contract of inter-regional travel within the GCC.

The report that we mentioned at the beginning of our article notes the fact that “Pivotal among these trends are a near 30% increase in population, a huge swath of under-15 population, and a desire for large families.”

It’s also worth bringing up that The total amount of spending by GCC member visitors within the region is expected to jump almost fourfold in the next 15 years, from $55 billion today to $216 million in 2030.

More than that, the same note reveals that the UAE still has to fully grow independent and middle-income, and coming-of-age segments both within the GCC and internationally as well.

It’s also worth noting that Dubai is one of the highest in-demand locations, and this is due to the city’s close proximity, breaches, modernity, and massive opportunities for entertainment.

 

Another effect – Beyond Oil

Another interesting issue that is worth discussing about is the Dutch Disease – this refers to countries that are over-reliant on the exportation of natural resources and, at the same time, under-developing the manufacturing and service sectors.

The UAE sees massive diversification into aviation, tourism, finances, trade, and more industries, and this is a direct response to the era of Peak Oil – this is the point where people run out of cheap hydrocarbon resource supply.

Through 2030, the UAE is scheduled to see some pretty massive investments that will be of more than $300 billion in new tourism infrastructure.

It’s also important to note the fact that a 10% of the municipality fee has been waived for new hotels opening.

“All of these diversification efforts are yielding results,” reads the Amadeus research.

The same notes also revealed the following: “According to the IMD World Competitive Centre Index, the UAE was ranked as the 26th most diversified economy in the world in 2012, ahead of many developed countries.” More than a decade passed since then and things have been going amazingly.

It’s also worth noting the fact that the future tourism growth markets are seeing a massive expansion that involves cruise and medical travel.

According to official reports, the rapid port construction throughout the GCC is expected to attract more and more people.

It’s also important that we highlight the fact that one of the most wide-open spaces in the UAE ripe for exploitation is the global meetings and convention industry. Not too long ago, the annual Gulf Incentives, Business Travel & Meetings (GIBTM) trade show took place and it was followed by the release of the event’s first-ever Middle East Buyers Report.

“The number of meetings in the Middle East has grown quicker than in other regions, it has more than tripled over the last decade,” said GIBTM Exhibition Manager Lois Hall.

Martin Sirk, CEO of the International Congress & Convention Association (ICCA), explains, “The Middle East joined the information revolution more recently than most regions, so it is not surprising to see some of the world’s fastest growth rates here, now that excellent meetings infrastructure has been developed, and governments have created knowledge strategies to underpin their economic development agendas.”

 

Dubai 2023 – the best reason to relocate to the UAE

Not too long ago, we revealed that one of the best reasons for which investors are eyeing Dubai for relocation or for making important investments in 2023 is the fact that the UAE is working hard towards achieving a greener future for the planet and more sustainability. These are some of the most important goals that developed nations are focusing on these days, and as you probably know by now, the UAE is no exception. 

Enabling more sustainable growth is an essential matter that Dubai and other cities in the UAE are targeting, according to the latest news, and for some, these represent crucial reasons for which they decide to move to the UAE.

As we already reported, the UAE is shining at the beginning of 2023, just as it did during the whole of 2022, and Dubai is genuinely a world hub for the latest technologies and tourism. The city highlights the nation’s efforts to become a location of the future where investors are more than welcome. The nation has been making massive efforts in this direction, and the vast influx of investors who are coming here from all over the world is enough to highlight the success of such moves. Working with a great company will ensure your success if you move to the UAE.