Economy Local October 28, 2024

National Tourism and Hotels Reports Profit

The National Tourism and Hotels institution recorded a net profit of 40.8 million dirhams in the first nine months of the current year.


National Tourism and Hotels Reports Profit

The international tourist organization registered a net profit of 40.8 million dirhams in the first nine months of the current year.

This indicator is a result of the ongoing recovery of the tourism and hospitality industry after the negative consequences caused by the COVID-19 pandemic. Many countries around the world, including the UAE, faced a serious decline in tourist demand and were forced to implement strict measures to combat the spread of the virus.

The president of the governing council of the National Tourism Organization emphasized that as the year draws to a close, further strengthening of the sector is expected. A key factor in growth will be collaboration with other organizations and institutions to promote the tourism business and attract a larger number of visitors.