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When we say economic growth or GDP, we usually think of industries, manufacturing companies, exporting, IT software and trading. But tourism has made a huge difference in many countries economy and especially the developing countries are dependent on travel and tourism. Tourism industry contributes a lot.
UAE is one of those countries which has promoted tourism and has been successful. It welcomes thousands of tourists each day, and also Dubai is one of those cities. This has attracted hundreds of investors not only in tourism, but also in logistics, cargo and other travel and tourism industries.
Dubai has not only created opportunities for local tourism company, but also many international tourism companies have been successful, many tourism companies formed in a span of 5 years are today holding branches all over Dubai and other emirates.
Tourism contributes almost 10% of UAE‘s GDP, UAE government gives importance to tourism SECTOR, it is said tourism growth in UAE is increasing by almost 3 percentage every year.
UAE is a country which has flexible visa laws. And the number of people visiting UAE has been increasing each day.
NO VISA FOR THE GCC/ OR ON ARRIVAL VISA: Many countries in recent days have come up with no visa or on arrival visa policy. Which has drastically increased the revenue of tourism industry; Even the government of UAE has made its visa policy flexible. Most of the developed countries have e-gate and no visa facility that also includes for many GCC countries. This is one of the reasons for increase in number of people visiting UAE each day. There are number of countries which have on arrival visa as well as multi entries visa option. Please visit the link for more detail for UAE Visas on arrival country list
UAE wants to be the world’s number one destination for tourism, since they have built some iconic buildings and great artificial islands like PALM DIERA, PALM JUMIERAH, PALM JABEL ALI and the biggest manmade island is under construction called DUBAI WORLD. The island which is designed as a world map few among the many icon landmarks which attracts tourism all over the globe now are ATLANTIS, BURJ AL ARAB and BURJ KHALIFA world’s biggest standing tower.
UAE is a tax free country and tourists enjoy Dubai s luxury and hospitality without paying tax. Dubai is the city where you find the most of the luxury hotels, clubs, yacht, and gulf clubs. Which attract more high net worth individuals such as VIPs and celebrities?
Dubai has the most luxuries’ of hotels with the best resorts and golf course and many clubs playing music all night.
LOW OIL PRICES: since UAE is base for many oil and gas companies, fuel is cheaper here then other countries which in turn help the tourism and transportation a cost effective factor.
AIRLINES: There are many airline industry like EMIRATES AIRLINES, and FLY DUBAI, ETHIHAD AIRLINES, these airlines are connecting world to UAE there are expanding their routes each day. These airlines help to provide world class service, and attract people all over the world and bring tourist from all over the world to Dubai, UAE.
Dubai has made its presence in Africa and Middle East continent. With icon landmarks and world class luxury hospitality, Dubai has a high growth prospects for tourism industry , and Dubai is planning new attractions each day , Dubai government has always tried to be Eco friendly and always concerned with no pollution and less stress on nature. This concludes Dubai is the most favorable place for investing in tourism industry and carries huge potential for tourism industry.
This blog post is written by Mr. Deepak (Business Consultant at flyingcolour Business Setup Services). For more detail information please call +9714-4542366 or email deepaksiddiah [at] flyingcolour [dot] com