Hospitality
Gain expert perspectives on the growth and challenges within the hospitality property market
1 October 2025
The growth of Oman’s hospitality market rests on three key pillars. First, population growth: Oman’s population expanded by 4.5% in 2024, following 5% growth in 2023, and analysts expect this momentum to continue through the decade. Even without changes in spending patterns or additional boosts from tourism, such demographic growth alone ensures steady annual demand for new hotel keys. Second, economic expansion and rising domestic tourism. Overall domestic trips increased in line with population growth, from 12.9 million in 2023 to 13.6 million in 2024, but Omanis are also travelling differently. An 8% rise in reported hospitality days indicates they are taking longer trips and spending more per visit, reinforcing demand across the sector. Third, international tourism, where Government policy and investment can have the greatest impact. Gulf visitors still account for more than a quarter of arrivals, but Oman is increasingly attracting travellers from farther afield, including Europe, India, and China.
17 March 2025
In 2024, Dubai set a new tourism record, welcoming 18.7 million overnight guests—a 9.1% increase from the 17.1 million visitors recorded the previous year. This growth aligns with the strategic vision of Sheikh Mohammed Bin Rashid Al Maktoum, as outlined in the Dubai Economic Agenda D33, which aims to position Dubai among the world’s top three global tourism destinations.
28 March 2024
Setting the Stage for Growth: Demand Dubai Tourism in 2023: Recovery and Resilience Despite global conflicts and recent regional unrest, Dubai’s economy, driven by key sectors, remained steadfast in its recovery. The performance of the tourism sector reflects as much. In 2023, the city welcomed 17.15 million overnight visitors, surpassing its previous high of 16.73 million in 2019 and the […]
