United Arab Emirates (UAE) Travel and Tourism Market Summary, Competitive Analysis and Forecast to 2027

United Arab Emirates (UAE) Travel and Tourism Market Summary, Competitive Analysis and Forecast to 2027

Summary

Travel & Tourism in United Arab Emirates industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key HighlightsThe travel and tourism industry consists of revenues generated by passenger airlines, passenger rail, foodservice, hotels and motels, travel intermediaries and casinos and gaming market.The UAE travel and tourism industry had total revenues of $68.6 billion in 2022, representing a negative compound annual rate of change (CARC) of 0.4% between 2017 and 2022.Hotels and motels was the industry's largest segment in 2022, with total revenues of $35.6 billion, equivalent to 51.8% of the industry's overall value.Dubai continuously renews its value as a key international destination for lifestyle, talent, business and tourism, thereby strengthening its popularity worldwide. Emirates also hosts various events that gathers large number of international arrivals and boosts inbound tourism.ScopeSave time carrying out entry-level research by identifying the size, growth, and leading players in the travel & tourism market in United Arab EmiratesUse the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the travel & tourism market in United Arab EmiratesLeading company profiles reveal details of key travel & tourism market players’ global operations and financial performanceAdd weight to presentations and pitches by understanding the future growth prospects of the United Arab Emirates travel & tourism market with five year forecastsReasons to BuyWhat was the size of the United Arab Emirates travel & tourism market by value in 2022?What will be the size of the United Arab Emirates travel & tourism market in 2027?What factors are affecting the strength of competition in the United Arab Emirates travel & tourism market?How has the market performed over the last five years?