Category: Ras Al Khaimah

Ras Al Khaimah’s property sector rises AED 1.54bn in value

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The northern emirate’s real estate market grew by nearly 45% between 2011 and 2015, as more global investors focus on the opportunities in the region. Summary: The real estate sector in Ras Al Khaimah registered 15% growth per annum in the four years between 2011 and 2015 Total market value increased by AED 1.54bn during… Read more »

Ras Al Khaimah property: “Substantial” 5-years ahead

Ras Al Khaimah property: "Substantial" 5-years ahead

As visitor numbers and hotel occupancy rates grew once again in 2016, the emirate’s real estate market is tipped to undergo a huge transformation. Summary: Ras Al Khaimah’s rise as a global tourism destination saw total visitor numbers increase by 10.9% and hotel occupancy rates by 9.8% in 2016 The growth was driven by its… Read more »

Ras Al Khaimah visitor numbers up 37%

Ras Al Khaimah visitor numbers up 37%

Double-digit growth in visitor numbers reported in the northern emirate, as Ras Al Khaimah aims to attract one million visitors by the end of 2018. Summary: Visitor numbers in Ras Al Khaimah rose by 37% in September, while a surge in summer tourism saw a 22.3% uplift in the number of guest nights spent at… Read more »

Ras Al Khaimah needs 25,000 new rooms to meet tourism surge

Ras Al Khaimah needs 25,000 new rooms to meet tourism surge

The Ras Al Khaimah Tourism Development Authority are urging for property investors to look towards the emirate as demand from visitors begins to outpace supply. Summary: Ras Al Khaimah’s tourism industry is growing at such a rate that thousands of new units are needed by 2025 to meet demand Overall visitor numbers to Ras Al… Read more »

Ras Al Khaimah hotel occupancy rate up 18% year-on-year

Ras Al Khaimah hotel occupancy rate up 18% year-on-year

Ras Al Khaimah’s tourism strategy to attract one million visitors to the emirate by the end of 2018 by creating sustainable tourism growth looks to succeed as hotel occupancy rates climb by 18%. Summary: The emirate has recorded a hotel occupancy rate of 71% in the first three months of 2016, an 18% rise on… Read more »

Surge in Ras Al Khaimah visitor numbers & hotel occupancies

Surge in Ras Al Khaimah visitor numbers & hotel occupancies

Key partnerships with airlines and tour operators has led to increased tourist numbers and hotel occupancy rates in the emirate. Summary: Ras Al Khaimah’s Tourism Development Authority has reported strong growth in visitor numbers in the first quarter of 2016 Tourist figures rose by 7% year-on-year in March, while hotel occupancy rates were 17.7% higher… Read more »

Ras Al Khaimah launches new campaign to drive UK tourism

Ras Al Khaimah launches new campaign to drive UK tourism

Large-scale rebranding aims to position RAK as a destination for a ‘genuine Arabian experience’, driving economic growth in the emirate. Summary: Ras Al Khaimah’s Tourism Development Authority has launched a rebranded marketing campaign aimed at encouraging higher visitor numbers from the UK Tourists will see a location offering a truly Arabic experience, surrounded by natural beauty… Read more »

Foreign investment drives Ras Al Khaimah trade zone growth

Foreign investment drives Ras Al Khaimah trade zone growth

8,600 businesses from over 100 countries now make up RAK’s FTZ following a year of major infrastructure developments. Summary: “Unstoppable growth” has increased the number of businesses in Ras Al Khaimah’s Free Trade Zone to over 8,600 from over 100 countries High levels of foreign investment is also driving future growth plans, including international education… Read more »