Summary and analysis of the UAE's current hospitality real estate market conditions.
Insight
UAE Hospitality Market Dynamics, Q2 2024
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The hospitality sector observed limited deliveries in the second quarter, and the future supply outlook remains modest.
Abu Dhabi introduced the Tourism Strategy 2030, aiming to establish a comprehensive framework for future growth in the leisure and hospitality sectors, signalling the city's commitment to long-term development.
Operators in the hospitality sector are expected to forge partnerships with lifestyle brands to enhance their value proposition and capture growing demand, aligning with evolving consumer preferences.