Dubai and UAE could do with so much more of new hotel investments

Dubai and UAE could do with so much more of new hotel investments

Last November, the UAE government announced its Tourism Strategy 2031 – a plan that anticipates 40 million visitors annually by 2031. The strategy aims to leverage public-private partnerships and attract over Dh100 billion in new investment in the tourism sector. Taking inspiration from the UAE’s ambitious strategy, I announced a major Azizi Developments’ investment, which focuses on the hospitality sector in Dubai. The UAE is already a major tourist destination, ranking number one by popularity and among the Top 10 in the world by volume of visitors. Its matchless travel and tourism infrastructure, the vibrancy of its society and economy and, above all, the welcoming nature of its people, give the UAE what it needs to be the most desirable place to visit for people from all corners of the world. Last year, despite the residual effects of the pandemic, over 14 million tourists visited the UAE and over 66 million passengers travelled through its airports. As predicted in the national tourism strategy, these figures will grow considerably, and the country must be prepared to accommodate this growth without compromising on the quality of tourist experience. As an entrepreneur and real estate developer, and having made Dubai my home for