A forecast of projects and investments worth Dh 25 billion has been given for the event over the coming years.
The government will be taking initiatives of planning, road projects, travel infrastructure, setting up more hotels to accommodate the tourists and guests traveling for the Expo. The influx of international visitors into the UAE will reinstate its position as world leaders in tourism, setting a benchmark for the future of tourism industry in the UAE. The expo 2020 will allow Dubai to display the standard of customer service it offers in the tourism and hospitality industry and build its image as a global tourist destination. This will also bring in revenues from the retail industry since the industry will be attracting tourists to shop at the glorious world famous malls of Dubai.
This will stimulate the tourism industry, which is known for its impeccable hospitality and customer service. The hosting of the Expo 2020 event will particularly bring amplified growth in the tourism and hospitality industry.Īccording to an estimate, Dubai will see an entry of 25 million visitors for the Expo, out of which 19 million will be from outside of Dubai. According to a latest report by Ernst and Young, there was an 80% occupancy rate in hotels of Dubai. Winning the bid for expo 2020 has brought Dubai in the limelight and will naturally result in massive economic growth in all sectors and industries.
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