UAE Hotels Had a Record 2024. Now They Face Global Recession Risks
4 Articles
4 Articles
MENA Watch: UAE non-oil sector slows amid weaker demand - Global Business Outlook
The most recent S&P Global Purchasing Managers’ Index (PMI) shows that the non-oil private sector of the United Arab Emirates experienced a moderate slowdown in growth during March 2025. From 55.0 in February—its lowest level since September—the index dropped to 54.0. Any figure above 50.0 indicates expansion, but the slowing rate suggests a loss of momentum that calls into question the short-term viability of the industry. Why Is This Happening…
UAE Tourism Sector Records Strong Hospitality Performance Amid Growing Global Appeal
Abdulla Bin Touq Al Marri, Minister of Economy and Chairman of the Emirates Tourism Council, highlighted the continued growth and robust performance of the UAE’s tourism sector. He attributed this growth to the wise leadership’s directives and forward-looking vision, which led to the development of sustainable policies, strategies, and initiatives that drive the sector’s progress. Al Marri said that hotel revenues in the UAE reached approximatel…
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