UAE’s economic recovery to continue in 2022 despite Covid-19 headwinds – The National

UAE’s economic recovery to continue in 2022 despite Covid-19 headwinds – The National

The UAE enjoyed a strong economic finish to 2021, with Expo 2020 Dubai and rebounding tourism boosting domestic demand.

While the tourism sector is likely to take some time to fully recover from the Covid-19 pandemic, the latest data from the Department of Economics and Tourism shows that international visitor numbers to Dubai in November rebounded to almost 76 per cent of 2019 levels and the December data is likely to show further improvement.

Hotel occupancy and revenue per available room, a key performance metric calculated by multiplying a hotel’s average daily room rate by its occupancy rate, have also improved significantly from 2020 despite the challenges posed by new variants of the coronavirus.