Travel Reveals

Dubai welcomed 7.28 million international overnight visitors last year, representing 32 per cent year-over-year growth on the figure for 2020. In contrast, the number of international guests the emirate welcomed in 2019 wasn't nearly as high as it was before the Covid-19 pandemic. In spite of this, the city experienced a very successful year last year, setting it up for sustainable growth in the coming years. The Dubai Department of Economy & Tourism (DET) reports that international visitor numbers in Dubai have surpassed 3.4 million visitors in the fourth quarter of 2021, surpassing 74% of pre-pandemic levels of fourth quarter 2019. This bodes well for Dubai's hotels in the fourth quarter to surpass pre-pandemic levels. "This achievement also shows that we are on our way to becoming the world's best city for living and working," commented DET director general Helal Saeed Al Marri. “Dubai continuously set precedents in the global tourism recovery, demonstratin

For the hotel and hospitality industry, the Union Budget proposes extending the Emergency Credit Line Guarantee Scheme (ECLGS) until March 2023. " Hospitality and related services, especially by micro and small businesses, have yet to regain their pre-pandemic levels.   Considering these aspects, the ECLGS will be extended up to March 2023 and its guarantee cover will be expanded by Rs 50,000 crore to total cover of Rs 5 lakh crore, with the additional amount being earmarked exclusively for the hospitality and related enterprises,” Finance Minister Nirmala Sitharaman, said in her Budget speech.   Under The Parvatmala Scheme, Eight Ropeway Projects With A Length Of 60 Km Will Be Awarded Contracts In 2022-23. National Ropeways Development Programme Will Be Undertaken On A PPP Basis As In Addition To Promoting Tourism, The Goal Is To Improve Connectivity A\Nd Convenience For Commuters. Ecologically Sustainable Alternative To Conventional Roads In Hilly Areas.   Congested Urban Areas