Last Updated on: 21st July 2023, 01:15 pm
Tourism Spending in Dubai Will Reach $43,000 Million in A Decade
The World Travel and Tourism Council (WTTC), a forum for the travel and tourism industry, forecasts that Dubai’s tourism spending will increase by AED 50 billion by 2032, bringing total spending to AED 158 billion. % increase from current figures, AED 108 billion ($29.4 billion).
This sharp increase in spending is due to the UAE government’s initiatives to attract more tourists and investments aimed at ending the country’s dependence on oil.
Dubai was the leader in tourism spending in 2022. By 2032, however, Hong Kong and Macau are expected to overtake Dubai with tourism spending of $52 billion and $43.1 billion, respectively.
The Dubai Department of Economy and Tourism (DET), an agency in charge of economic growth and tourism, said Dubai received 12.82 million overnight tourists from January to November 2022, including 1.6 million from India.
The WTTC blamed the coronavirus for the decline in tourism in the world’s major cities, noting that people preferred to visit less populated areas during this period. However, the numbers are now returning to pre-pandemic levels, he noted.
Here is the full list of the top 10 cities with the highest projected tourism spending in 2032:
| Sr. | City | Country | Tourist Spending |
| 1. | Hong Kong | Hong Kong (China) | $52.06 billion |
| 2. | Macau | Macau (China) | $43.14 billion |
| 3. | Dubai | UAE | $42.98 billion |
| 4. | Singapore | Singapore | $37.43 billion |
| 5. | Bangkok | Thailand | $33.45 billion |
| 6. | Doha | Qatar | $31.63 billion |
| 7. | Tokyo | Japan | $25.44 billion |
| 8. | New York | United States (US) | $21.73 billion |
| 9. | Amsterdam | Netherlands | $21.53 billion |
| 10. | Shanghai | China | $21.3 billion |
Also Read: Taxi Prices in Dubai Fall Below AED 2 Per Km As Fuel Prices Fall in The UAE