The UAE is an ideal tourist destination in many respects:
The UAE has also become a world-class venue for conferences, regional and international exhibitions and major global sports events, such as the Dubai World Cup for horseracing, the Abu Dhabi Formula One Grand Prix, the Dubai Desert Classic Golf Tournament, the FIFA Club World Cup, world-class film festivals in Dubai as well as Abu Dhabi, and the Global Entrepreneurship Summit.
In 2016, the direct contribution of the travel and tourism sector to the UAE's GDP was AED 68.5 billion (USD 18.7 billion), which is equivalent to 5.2% of the total GDP. It is forecast to rise by 5.1% per annum from 2017 to 2027 to AED 116.1 billion (USD 31.6 billion), which would be equivalent to 5.4% of the total GDP in 2027.
The total contribution of the travel and tourism sector to the UAE's GDP was AED 159.1 billion (USD 43.3 billion), which is 12.1% of its GDP. It is forecast to rise by 4.9% per annum to AED 264.5 billion (USD 72 billion), which would be 12.4% of GDP in 2027.
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