RAK tourism and hospitality booms

1/8/2017

   

Description

Ras Al Khaimah has continued to experience a growth in the tourism and hospitality sector. The Ras Al Khaimah tourism market experienced another positive quarter with over 197,000 guests. This brought the half-year figure to 390,500 against an annual target of 900,000 visitors, equating to a 6.5 per cent increase over the same period last year.

There was also a 10 per cent year-on-year increase in the number of international guest arrivals during the first half of the year, while total guest nights rose 17.7 per cent. The average length of stay rose by 10.5 per cent to 3.9 days and the room revenue leapt 13.3 per cent.

With the emirate's continued hotel expansions Ras Al Khaimah is set to reach an estimated total of close to 6,500 rooms by the end of 2018. From 2019 onwards, room supply will start to increase at a quicker pace, driven by the handover of new large-scale resort properties in locations such as Al Marjan Island and Mina Al Arab.