Travel & Tourism - United Arab Emirates
- United Arab Emirates
- Revenue in the Travel & Tourism market is projected to reach US$1,285.00m in 2023.
- Revenue is expected to show an annual growth rate (CAGR 2023-2027) of 5.12%, resulting in a projected market volume of US$1,569.00m by 2027.
- The market's largest segment is Package Holidays with a projected market volume of US$498.00m in 2023.
- In the Vacation Rentals, the number of users is expected to amount to 2,210.00k users by 2027.
- User penetration is 29.0% in 2023 and is expected to hit 30.7% by 2027.
- The average revenue per user (ARPU) is expected to amount to US$435.70.
- In the Travel & Tourism market, 76% of total revenue will be generated through online sales by 2027.
- In global comparison, most revenue will be generated in the United States (US$190.40bn in 2023).