Domestic and regional tourism, personal events such as weddings, and corporate business exhibitions post-EXPO 2020, will continue to drive growth within experiential luxury going forward. Over the forecast period, full recovery is expected to be witnessed after the return of tourism to the pre-COVID-19 level, boosted by international tourists.
The United Arab Emirates continued to witness hotel openings in 2021, and has a pipeline that will continue during the forecast period. For instance, SLS Hotel and Residences, which is present in regions such as North America, South America, Europe and the Caribbean, opened in Dubai in April 2021.
Government support and encouragement will continue to positively impact experiential luxury during the forecast period. For example, Dubai Holding is a government-owned company that continues to play an instrumental role in diversifying Dubai’s economy through its presence in more than 10 sectors, including real estate, hospitality, ICT, media, design, manufacturing, education, leisure and entertainment, science, retail, SMEs and enterprises.
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Understand the latest market trends and future growth opportunities for the Experiential Luxury industry in United Arab Emirates with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Experiential Luxury industry in United Arab Emirates, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Experiential Luxury
This is an aggregation of Luxury Hotels and Luxury Foodservice.
See All of Our DefinitionsThis report originates from Passport, our Experiential Luxury research and analysis database.
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