Dubai's tourism sector to remain stable: TRI
- United Arab Emirates: Thursday, November 22 - 2012 at 04:50
TRI Hospitality Consulting has said the tourism industry in the UAE over the past year has remained strong and prosperous despite regional challenges, Gulf News has reported. "While some traditionally popular destinations, such as Lebanon, Egypt, Syria, etc. have been affected by security concerns and travel advisories, other destinations, including Dubai, have proven resilient and even thrived in the recent months, partially benefitting from the crisis," said Christopher Hewett, Consultant with TRI Hospitality Consulting. Dubai is expected to remain stable with ongoing growth, while Abu Dhabi is likely to remain under pressure with continued growth in hotel supply, the firm said. "Dubai's hospitality market have shown signs of prosperity again, assisted by its image as the regional safe haven, but mainly powered by its large variety of leisure and entertainment options, number of key regional and international conferences, and growing business demand, all of which helped improve occupancy levels, room rates, and profits throughout 2012," Hewett said.
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