The tourism business in Dubai can be a great choice for an entrepreneur who wants to get into the UAE’s economy. The tourism and travel industry is thriving, and its contribution to the nation’s GDP is increasing every year. This blog deals with the intricacies of company formation in Dubai. With that, we will also look at all the licenses and permissions one might require to start a new business in Dubai. With millions of tourists visiting each year, Dubai has become a popular destination. The UAE’s travel companies and tour operators now have a lot of chances thanks to the rising tourism sector. By drawing 20 million tourists annually, the government hopes to further increase tourism through programs like the Dubai Tourism Strategy 2020.
Dubai is in a strong position to continue being a major travel destination thanks to new hotel launches and continuous infrastructure development. From January to September 2024, Dubai received 13.29 million overnight guests, a +7% increase over the same period in 2023. Thus, the industry offers a lot of business and a great footing for anyone willing to invest in the tourism sector.
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