Dubai bounces back as tourist destination

11/07/2011 - Dubai Investment News Posted by Neil King
Dubai bounces back as tourist destination

Dubai's strength as a tourist destination is on the rise, according to a new report.Traditionally known as a strong performer as an ex-pat community, the emirate has struggled of late to attract short-term visitors.However, a recent report by Cluttons has shown that increased affordability and improved political stability have boosted the region's "comeback" as a tourist destination.Steven Morgan, head of Cluttons in the UAE, said: "Occupancy rates and lengths of stay have enjoyed considerable growth."However, to what extent Dubai's current performance is being buoyed by the recent political uncertainty in the region is not yet known and it is unclear how long this situation will continue. In the short term, Dubai seems likely to out-perform in the tourism market this year."The expert added that the "consistent" performance of Dubai's hospitality sector has also helped to reduce economists' fears of a double-dip recession in the UAE.