Testing the waters with the announcement of the Wynn Al Marjan Island, the UAE government has gone to the deep end, announcing a federal level gaming authority. Chaired by the former CEO of MGM, this new authority sets the stage for a full-blown gambling industry.
Major investments in the hospitality supergroup Aman are letting it expand more quickly. Look for its spin-off brand Janu to add 11 properties, from Turks and Caicos to Dubai, over the next four years.
It's not surprising that the Middle East is prioritizing hotel development to accommodate a growing influx of tourists. This proactive approach aligns with their broader economic and tourism strategies to foster long-term growth and competitiveness in the global tourism market.
With an annual passenger volume of just under 90 million, it's no surprise that the primary focus of Dubai International Airport's expansion endeavors is directed towards elevating customer experience.
Dubai Airport has surpassed pre-pandemic levels during the initial half of 2023. However, its projection for the entire year still falls slightly short of 2019 numbers. Call it "cautious optimism."