The Dubai tourist sector has increased its share in GDP to 21% last year and the expectation is for 10 million tourists by 2010 and 15 million by 2015 according to the Department of Tourism.
Dubai's rapidly developing portfolio of hotels and hotel apartments registered a surge of 25.8 per cent in 2007 and is expected to rise further by 2010. With 82 per cent occupancy rate, the Hotel and Hotel apartments generated good revenue in 2007. Dubai's international airport received over 34 million passengers in 2007 and gets worldwide recognition for its excellent facilities. These facts are instrumental in multiplying the number of tourists over the years.
A proposed new budget airline would enhance the accessibility of Dubai to a much bigger community of tourists. An affordable airline, coupled with economic rates for hotels in Dubai, will go a long way to attracting more tourists and opening up Dubai to the middle class in the world to experience the unique combination of tradition and modern concepts of luxury.
Dubai Investment Property