Abu Dhabi hotel revenues exceed AED 5.8 billion in 2019

iStock

Hotels in the emirate of Abu Dhabi saw their revenues increase to more than AED 5.8 billion in 2019.

That's a year-on-year growth of 6.8 per cent, according to figures revealed by the Statistics Centre Abu Dhabi.

Room revenues accounted for nearly 55 per cent of the total amount, reaching around AED 3.2 billion, which is an increase of 11.1 per cent compared to 2018.

The significant growth is driven by a surge in tourist and guest arrivals on the back of various international business events and edutainment activities organised in the UAE capital.

More from Business

Coming Up on Dubai Eye

  • Nights on Dubai Eye 103.8

    11:00pm - 6:00am

    Dubai Eye complements the conversation with the music you love from the eighties, nineties and newer.

  • The Business Breakfast

    6:00am - 10:00am

    The Business Breakfast is the day’s must listen for the UAE’s business leaders, and those who aspire to be.

BUSINESS BREAKFAST LATEST

On Dubai Eye

  • Flying Taxis

    It sounds like an episode of The Jetsons, but the sight of flying taxis whizzing around our cities could be much closer than you think.

  • Tough penalties for deliberate tax evasion

    The UAE has said that tougher penalties will come into force from 1st August for not keeping proper corporate tax records.