Tourism in UAE on the road to recovery

Despite the fact that business from Meetings Incentives Conferences Events (MICE) has gone down in the last few months, still “positive trends are yet to be seen in this area too, as many companies are merging now. Naturally, this will lead to merger conferences for close networking between the officials of the involved companies,” explained Budoor.

Budoor said that Dubai has a lot to offer in terms of culture and tradition along with modern-day recreation that one can find in western countries. He hoped that tourism in the UAE will bounce back in the next three years. Net Tours with a turnover of Dh100 million, will see a 20-30 per cent surge in its revenue this year. “There is a huge increase in local customers than last year. The occupancy rate in hotels is at 60-70 per cent now, which is enough for a bright outlook in the coming months” he added.