United Arab Emirates Tourism Q1 2019
The UAE has one of the most vibrant and dynamic tourism industries in the MENA region with significant organic growthpotential over the medium term to 2022. A multitude of drivers underpin our bullish outlook for the UAE tourism industry over thecoming years. The country is benefiting immensely from the strong economic diversification efforts, sustained capital andinfrastructure investment initiatives and the aggressive government marketing strategies to promote the UAE to a wider regionaland international audience. Healthy income growth trends in key Asia Pacific and MENA source markets will bolster consumerdemand for international air travel. The hotels sector has over 217 new properties under construction and various plans for newskyscrapers, urban dwellings, theme parks, marinas and world-class shopping malls.
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