Major events boost Abu Dhabi's hotels sector

Supplied

Abu Dhabi's hotels sector has been significantly boosted by the major global events that have been hosted in the emirate.

Almost 1.3 million people stayed in the capital's hotels in the first quarter of the year, during which time the Special Olympics World Games, football's AFC Asian Cup and the IDEX exhibition all took place.

It's led to total hotel revenues increasing by more than 16 per cent compared to the same period of 2018 in Q1, with room revenue growing by almost a quarter. 

As well as the major events, officials also pointed to the likes of Warner Bros. World Abu Dhabi, Al Hosn cultural site and Qasr Al Watan Library as all providing a significant boost to the emirate’s appeal as a tourism destination.

More from Business

  • China's ByteDance signs deal to form joint venture to operate TikTok US app

    TikTok's Chinese owner, ByteDance has said it signed binding agreements with three major investors to form a joint venture to operate TikTok's US app led by American and global investors on Thursday, in a bid to avoid a US government ban, a significant step toward ending years of uncertainty.

  • India reviewing allegations of antitrust breaches by IndiGo

    India's competition regulator said on Thursday it was reviewing allegations of antitrust violations by budget airline IndiGo following recent flight disruptions that hit air travel nationwide.

  • DXB and DWC boost winter schedules with new routes

    Dubai Airports has entered the winter travel season with one of its strongest networks in history, as Dubai International (DXB) and Dubai World Central - Al Maktoum International (DWC) welcome new airlines and expanded connectivity to meet rising seasonal travel demand.

  • Amazon in talks to invest in OpenAI

    Amazon.com Inc is in discussions to invest in OpenAI, the developer of ChatGPT, in a potential deal that could value the artificial intelligence company at over $500 billion, a source familiar with the matter said on Tuesday.

  • DXB to welcome over 4.2 million guests over next two weeks

    Dubai International Airport (DXB) is gearing up to accommodate a surge in travellers over the next two weeks, marking one of the busiest travel periods of the year.