Total annual hotel revenues in Dubai amount to nearly AED3 billion, according to figures released by…
Total annual hotel revenues in Dubai amount to nearly AED3 billion, according to figures released by Dubai Chamber of Commerce and Industry (DCCI) at the inaugural meeting of the Dubai Travel and Tour Agents Group.
The number of staying guests at Dubai hotels shot up from 2,480,000 to 3,065,000 between 1999 and 2001, while the number of arriving passengers rose from 4,886,000 in 1999 to more than 6 million in 2001.
The Travel and Tour Agents Group is the eleventh Dubai-based business group to have been set up with the support and guidance of DCCI. A second general assembly at the Chamber to elect the group`s representative committee is planned for March 16.
Chairing a packed meeting of delegates at the Chamber, Dr Anwar Gargash, Member of the Board and Head of DCCI`s Economic Affairs and Commercial Activities Committee, said: The Chamber`s business group strategy aims to enhance the contribution of a wide variety of industry sectors in Dubai to the emirate`s success, and to provide improved services and information to the Chamber`s members.
Ahmed Al Banna, Deputy Director General of DCCI, gave a short presentation to delegates on the rapid growth of Dubai`s hotel and tourism sector. Between 1999 and 2001, the number of hotels in Dubai rose from 254 to 264 and the number of hotel rooms available increased from 18,638 to 21,248.
Average occupancy rates had risen by two per cent over the period, from 59 per cent to 61 per cent, he said.
Mr Al Banna also explained that DCCI membership representing the sector had risen by nearly 300 since 1997 to more than 1,070 today. Travel and tour agent members of DCCI now constitute 1.8 per cent of the Chamber`s total membership.
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