Las Vegas-style mega resort at RAK to push annual tourism visitors past 5 mln: Report

  • Date: 28-Mar-2023
  • Source: Al Arabiya
  • Sector:Oil & Gas
  • Country:UAE
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Las Vegas-style mega resort at RAK to push annual tourism visitors past 5 mln: Report

A planned Las Vegas-style resortin the UAE city of Ras al-Khaimah could help attract over five million tourists, a report published on Tuesday said, two million visitors more than the expected number by 2030.

The white paper, published by Colliers International, said the resort - planned with Las Vegas hotel operator Wynn Resorts RAK – will be a “game changer” for the emirate, which is positioning itself as a sustainable and nature destination.

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It could propel annual visitors far past Ras al-Khaimah’s tourism goals, one of the fastest growing tourism markets in the Gulf region. RAK has previously outlined its goals to have three million annual visitors by 2030.

Colliers predicts that the mega resort could contribute to more than 5.5 million annual visitors to the emirate by 2030.

Wynn Resorts announced plans in 2022 to develop a multi-billion-dollar beachside resort in Ras al-Khaimah. It is slated to include 1,000 rooms and a “gaming” area, expected to open in 2026. Wynn is best known for its casino hotel resorts in Las Vegas, Boston and Macau.

“Ras al-Khaimah (RAK), the northern most emirate of the United Arab Emirates, has experienced rapid economic