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The number of hotels in Dubai was 567 with a total of 112,796 hotel rooms. The number of hotel apartment buildings was 188 with a total of 25,154 apartments. According to The Middle East Hotel Benchmark Survey by EY MENA, [8] occupancy rates in Dubai hotels decreased by 0.5% between January and October 2019 compared to the rate of 74% between ...
Tourism is a major economic source of income in Dubai and part of the Dubai government's strategy to maintain the flow of foreign cash into the emirates. [19] The tourism sector contributed in 2017 about $41 billion to the GDP, making up 4.6% of the GDP, and provided some 570,000 jobs, accounting for 4.8% of total employment. [20]
The World Factbook, 2023. Pegged with. USD [1] US$1 = Dhs 3.6725. The Arab Emirates Dirham (/ ˈdɪər (h) əm /; [2] Arabic: درهم إماراتي, abbreviation: د.إ in Arabic, Dh (singular) and Dhs (plural) or DH in Latin; ISO code: AED is the official currency of the United Arab Emirates. The dirham is subdivided into 100 fils (فلس).
From $100,000 per night: The Royal Mansion at Atlantis, The Royal. The most expensive room in Dubai, and one of the priciest worldwide, The Royal Mansion is the best of the best. The expansive ...
Tourism in Dubai is a major part of the economy of Dubai. Dubai was the third most visited city in the world in 2023 with 17 million international visitors according to Euromonitor International. [1][2] Dubai hosts more than 800 hotels with more than 150,000 rooms. [3][4]
The United Arab Emirates is a high-income developing market economy. The UAE's economy is the 4th largest in the Middle East (after Turkey, Saudi Arabia and Israel), with a gross domestic product (GDP) of US$415 billion (AED 1.83 trillion) in 2021-2023. [5] The UAE economy is heavily reliant on revenues from petroleum and natural gas ...
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