Ongoing robust recovery of Dubai hotels

Dubai hotels lead the ongoing robust recovery in the Middle East hotel sector in 2022
The occupancy levels is expected as high as 77%.

According to the forecast of the consulting company Colliers, the busiest areas will be:
  • Dubai Creek
  • Dubai Marina
  • Festival City
  • JBR
Dubai has welcomed 6.17 million international overnight visitors up to May 2022. This is 197% higher than in 2021.
Global cryptocurrency exchange OKX has secured Dubai's Virtual Assets Regulatory Authority
The company will open a regional hub in Dubai with a team of 100+ people.

Earlier, Emirates Airline announced that it would accept Bitcoin as payment.
$27.7 million phase package of projects for infrastructure development launched in Ajman.
The goal is to make Ajman one of the most important modern cities in the fields of architecture and construction.

Projects focus on areas such as:
  • Economy
  • Culture
  • Sport