Abu Dhabi's hotels sector has been significantly boosted by the major global events that have been hosted in the emirate.
Almost 1.3 million people stayed in the capital's hotels in the first quarter of the year, during which time the Special Olympics World Games, football's AFC Asian Cup and the IDEX exhibition all took place.
It's led to total hotel revenues increasing by more than 16 per cent compared to the same period of 2018 in Q1, with room revenue growing by almost a quarter.
As well as the major events, officials also pointed to the likes of Warner Bros. World Abu Dhabi, Al Hosn cultural site and Qasr Al Watan Library as all providing a significant boost to the emirate’s appeal as a tourism destination.
ADNOC Distribution reports $579 million net profit in first 9 months
TECOM Group’s 9-month shows 20% revenue growth
DFM reports 212% increase in net profit before tax to AED930.8 million
DMCC unveils plans for new financial centre
UAE cuts key interest rate by 25 basis points
