Dubai's hospitality industry has been one of the first to rebound after the pandemic lockdowns due to a strong tourism sector in the UAE, which has been working towards growing its appeal as a tourist destination globally. In 2022, Dubai welcomed over 14.36 million international visitors, which was a welcome sign for hoteliers as the Emirate recovered 86% of pre-pandemic arrivals. Over 66 million passengers passed through the gates of Dubai International Airport, which has earned the title of the World's Busiest International Airport for the 9th consecutive year. The momentum has continued into Q1 2023 with Dubai surpassing expectations yet again. International arrivals have surged by 18%, reaching 4.67 million visitors, and Dubai International Airport has witnessed over 21.2 million passengers in the first quarter alone, prompting an upward revision of its annual forecast to 83.6 million passengers. The resurgence in tourism has fueled growth in Dubai’s hospitality sector with marketwide occupancy rates reaching 73% in 2022. Despite a slight dip from pre-pandemic levels, occupied room nights exceeded 2019 figures, driven by a 16% increase in hotel supply. Average rates across Dubai’s hotels and serviced apartments averaged AED 536. That’s a 19% increase from the previous year. Upscale resorts commanded rates of up to AED 760 and luxury resorts reaching AED 5,700. Occupied room nights surged by 27%, while RevPAR saw a 21% increase compared to the same period in 2019. The outlook for Dubai’s hospitality industry remains positive overall and there’s an expectation that it will far surpass previous records fueled by several factors. The reintroduction of inbound Chinese tourism, a robust calendar of business and leisure events and ongoing infrastructure enhancements aligned with the Dubai Economic Agenda 2033 goals are set to further propel Dubai’s status as a premier global destination for travelers and investors alike.