Tag Archives: H1 2022

In an exclusive interview with Daniel Rosado Bayón, Director – Spain Tourism Office, Tourism Counsellor GCC stated that they received almost 80% of visitors as per pre-covid time. “In the first six months of the year Spain received over 30 million international visitors which is about 80% of 2019. In respect to expenditure it was about 89% as 2019. When you take UAE, we saw a spike of around 30% from UAE as pre-covid level.” One of the key factors that matter when visiting Europe is obtaining the visa, however according to Rosado Director Spain tourism office, there is now good news to be heard very soon from the European Union. “During this summer we saw a surge in Visa requests. This goes in line with the huge come back of tourism. After two years of restrictions, this summer has become very similar to a pre-covid summer. With the spike in travelling, that some call revenge tourism, we have witnessed how different sectors, from aviation to hospitality or infrastructures, faced difficulties to cope with this sudden surge. Not long ago there was not too many people travelling, and now we have more than before, as people have realized that we only live once and that we need to do the things we like better now than before. Visa issuance is no different, the amount of request is so high that they cannot be processed all in time. Resources are limited and given the importance of controlling the borders of the countries the visa process cannot be speed up. Having said this, Visa offices have experienced a high demand but are doing a very good job on processing as much as …

Dubai attracted 7.12 million international overnight visitors between January and June 2022, recording more than 183% growth in visitors compared to the 2.52 million tourists who visited Dubai during the same period in 2021, according to latest data from Dubai’s Department of Economy and Tourism (DET). This positive trend in H1 2022 places the city firmly on track to achieve its tourism goals for 2022 and beyond, and further reinforces its position as an international destination of choice. His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of The Executive Council of Dubai, said: “The vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, to make Dubai the city of the future and the world’s best place to live, work and invest in has resulted in a resurgence of Dubai’s tourism sector. The growth in tourists reflects the resilience and dynamism of the emirate’s economy. His Highness’s vision has helped Dubai create a strong and stable economic foundation and a dynamic business ecosystem, enabling it to become a leading global hub for diverse sectors. The rapid rise in international tourist arrivals puts Dubai on track to achieve its ambitious target of becoming the world’s most visited destination. In the years ahead, Dubai will continue to develop itself further as a destination that offers compelling value to international travellers.” The number of tourists recorded in H1 2022 was close to the numbers achieved in the first six months of 2019, which saw 8.36 million tourists arriving in Dubai. The emirate’s ability to quickly return to near pre-pandemic tourism levels is even …

Royal Central Hotel The Palm posted a fantastic performance from January to June of this year, doubling its occupancy rate, with the highest being recorded at 96 percent in March compared to 45 percent for the same period last year. The luxurious property recorded a strong beginning of the year with significant demand from guests who visited the Expo, those who took advantage of the cool weather, and the ease in travel restrictions from neighboring countries and key markets. Visitors from France, Germany, and the GCC continue to dominate the number of hotel guests, but tourists from Italy are viewed as the new potential market for Royal Central Hotel The Palm. “We are very proud of our hotel performance for the first half of the year, and we are positive that we can keep the momentum till the end of the year. The impressive growth was from the momentum generated by the hugely successful Expo 2020, which brought immense attention to Dubai and the easing of travel restrictions worldwide. We are projecting the demand to increase during the FIFA World Cup Qatar 2022, and as we welcome the festive season, we can see a healthy 2022 for the hospitality industry,” noted Abdulla Alabdulla, Group General Manager, Central Hotels & Resorts. Occupancy rates in Dubai have averaged 74 percent throughout the first half of 2022, making the city the world leader for hotel occupancies, ahead of New York, London, and Paris, according to the recent tourism data revealed by Dubai’s Department of Economy and Tourism (DET). Dubai has welcomed 7.1 million international overnight visitors up to June 2022, a 183 percent YoY increase. The 74 percent occupancy figure was maintained from …

The Ascott Limited (Ascott) has opened 20 properties with more than 4,500 units in H1 2022, a 56% year-on-year (y-o-y) increase in units. In addition, Ascott has recently completed its acquisition of Oakwood Worldwide (Oakwood) in July 2022, expanding its portfolio by about 15,000 units, to over 153,000 units across over 900 properties. Ascott is also acquiring a freehold asset in Tokyo, Japan via the Ascott Serviced Residence Global Fund (ASRGF), Ascott’s private equity fund with Qatar Investment Authority. The asset will be refurbished to introduce Ascott’s first lyf-branded coliving property in the city. The acquisition follows Ascott’s signing of over 7,500 units in H1 2022, a 32% increase compared to the same period last year. The 140-unit coliving property to be named lyf Ginza Tokyo is ASRGF’s fourth acquisition in 2022, deploying close to S$400 million across four countries in under five months. Slated to open in June 2023, lyf Ginza Tokyo is set to meet the lodging demand of conglomerates and start-ups located nearby and cater to leisure travellers visiting the capital city. With the acquisition of lyf Ginza Tokyo, ASRGF will hold 12 properties with over 2,300 units across 9  countries. Mr Kevin Goh, CLI’s Chief Executive Officer for Lodging, said: “Ascott has completed its acquisition of Oakwood, and achieved strong organic growth in H1 2022 with the addition of newly signed and opened properties across our brands. We have kicked-off the integration of Oakwood with Ascott, placing us in a stronger position to drive further growth, deliver higher returns to our property owners and offer better experiences to our guests.” “As a vertically-integrated global lodging business, Ascott is able to leverage its full suite of real …