Chi­nese visi­tor num­bers up 25pc in Dubai in H1

The Pak Banker - - INTERNATIONAL BUSINESS/SPORTS -

The num­ber of Chi­nese overnight visi­tors in Dubai grew by 25 per cent in the first six months of this year, but their spend­ing has dropped, ac­cord­ing to a top tourism of­fi­cial. There were 241,000 Chi­nese visi­tors in Dubai in the first half of this year, said Is­sam Kazim, chief ex­ec­u­tive of the Dubai Cor­po­ra­tion for Tourism and Com­merce Mar­ket­ing (DCTCM), dur­ing a press con­fer­ence in Dubai. "We are see­ing year-on-year growth from China," he said.

China was one of Dubai's top 10 tourism source mar­kets in 2014, hav­ing ranked sev­enth, fol­lowed by Kuwait, Rus­sia and Ger­many. The num­ber of Chi­nese visi­tors was also ex­pected to have grown by 25 per cent last year, Kazim said last Jan­uary. DCTCM did not say how much Chi­nese visi­tors spent in the emi­rate in the first half of the cur­rent year and did not forecast visi­tor num­bers for the sec­ond half of this year. The eco­nomic slow­down and the re­cent de­val­u­a­tion of the yuan by 3.5 per cent against the US dol­lar have crimped spend­ing of Chi­nese tourists in Dubai.

Nikola Ko­su­tic, re­search man­ager at Euromon­i­tor In­ter­na­tional, said the ex­pen­di­ture by Chi­nese tourists in Dubai de­clined by 7 per cent in the first half of this year due to the eco­nomic con­di­tions in China. "The con­tin­u­a­tion of eco­nomic woes cou­pled with un­pre­dictable events like the de­val­u­a­tion of the yuan will bring the de­cline in ex­pen­di­ture by Chi­nese tourists in Dubai to 15-20 per cent in the sec­ond half of this year," he said.

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