The travel and tourism sector is one of the main drivers that brought about Dubai's positioning as a global business partner. Business and leisure tourism is still one of the mainstays of the Dubai economy and a vital pillar for its strategic plan for economic growth and development. The Dubai Department of Tourism and Commerce Marketing recently announced that in 2011, travel and tourism made up a massive 31% of the Emirate's GDP.
The investment in travel infrastructure also makes Dubai one of the most accessible destinations on the planet. More than 6,000 flights arrive and depart every week at Dubai International airport. That's the equivalent of one every 100 seconds.
Prime beaches, guaranteed sun, luxurious resorts, top entertainment, rich heritage, multicultural lifestyle and much, much more all add to Dubai's charisma and magnetism as a tourism favourite.
In 2011, Dubai averaged 81% hotel occupancy, by far the highest in the Middle East and by 2013, Jones Lang LaSalle estimates that the number of hotel rooms in the Emirate will increase by 20% to reach more than 65,000.
With such bullish injections of domestic and overseas capital and an expanding and sophisticated infrastructure to match, travel, tourism and hospitality are set to remain as top opportunities for returns on foreign investment.