Search Site

Lulu Retail Q3 profit $35m

For the nine-month period, net profit increased by 73.3%.

Talabat IPO offer price range announced

The subscription will close on 27 Nov for UAE retail investors.

Salik 9M net profit $223m

The company's third-quarter profit increased by 8.8 percent.

Avia to buy 40 Boeing aircraft

The transaction for the purchase of 737 MAX 8 jets valued at $4.9bn.

Emirates half-year profit $2.5bn

The record profit is subject to new 9% corporate tax for the first time.

Dubai receives 3.67 million visitors in first two months of 2024

The average occupancy rate settled at 87 percent, a 3 percent growth YoY.
  • The emirate recorded 1.77 million international visitors in January, and 1.9 million in February, according to Dubai Department of Economy and Tourism
  • Europe led the list with 773,000 tourists, South Asia came in second with 604,000 visitors, followed by Gulf Cooperation Council countries with 549,000

Dubai, UAE–Dubai received 3.67 million overnight visitors in January-February 2024, with an increase of over 18 percent year-on-year (YoY), figures released by Dubai Department of Economy and Tourism (DET) showed.

According to the DET’s Tourism Performance Report for January-February 2024, Dubai recorded 1.77 million international visitors in January, and 1.9 million in February.

Among the origin of visitors, Europe led the list for the January-February 2024 period with 773,000 tourists (21 percent). South Asia came in second with 604,000 visitors (17 percent) of the total, followed by Gulf Cooperation Council countries with 549,000 (15 percent).

Coming in fourth, the number of tourists visiting Dubai from the Commonwealth of Independent States (CIS) and Eastern Europe reached 530,000 (14 percent), compared to 448,000 (12 percent) from the Middle East and North Africa (MENA) region, which landed in fifth. Meanwhile, Dubai recorded 340,000 visitors (9 percent) from North and Southeast Asia; 240,000 (7 percent) from the Americas; 138,000 (4 percent) from Africa and 53,000 from Australia, which accounted for around 1 percent.

The report also showed an increase in the number of available hotel rooms from 148,450 distributed across 813 establishments in January-February 2023 to 151,269 across 826 establishments in the same period of 2024. The average occupancy rate settled at 87 percent, a 3 percent growth YoY.

Occupied room nights rose to 7.78 million compared to 7.28 in the same period of last year, with the average length of stay being 3.8 nights in January-February 2024.