Summary and analysis of the UAE's current hospitality real estate market conditions.
Insight
UAE Hospitality Market Dynamics, Q2 2024
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.