{"id":6679,"date":"2024-05-06T07:38:16","date_gmt":"2024-05-06T02:08:16","guid":{"rendered":"https:\/\/entrepreneurmirror.com\/?p=6679"},"modified":"2024-05-06T07:38:16","modified_gmt":"2024-05-06T02:08:16","slug":"ajmans-tourism-revenue-up-in-q1-2023","status":"publish","type":"post","link":"https:\/\/entrepreneurmirror.com\/staging-site\/2024\/05\/06\/ajmans-tourism-revenue-up-in-q1-2023\/","title":{"rendered":"Ajman&#8217;s Tourism Industry Generated 7% More Revenue in the First Quarter"},"content":{"rendered":"<p>The number of visitors to Ajman has increased significantly, indicating the city&#8217;s increasing allure and notoriety among both domestic and foreign tourists. October 2023 saw a noteworthy 5% increase in tourism activity and a staggering 11% increase in visitors. The remarkable 5% increase in Revenue per Available Room (RevPAR) that resulted from this spike in occupancy rates helped to drive an overall 11% year-over-year (YOY) growth in Total Revenue.<\/p>\n<p>The percentage of foreign visitors to Ajman has increased significantly from 2022 to 2023, accounting for 29% of all arrivals. This increase highlights Ajman&#8217;s growing prominence in the world travel map, which is attributed to various source markets.<\/p>\n<p>In the first quarter of 2024, the upward trend is still present. A strong financial start to the year is demonstrated by the 7% increase in total revenues between Q1 2024 and the same period in 2023. A 3% increase in occupancy rates, which suggests a growing demand for lodging, lends additional support to this growth. Furthermore, the overall number of visitors has increased by a noteworthy 9%, indicating sustained interest in Ajman as a travel destination of choice. Furthermore, there has been a positive trend of visitors staying longer in the city, as evidenced by the 5% increase in the average Length of Stay.<\/p>\n<p><strong>Also Read:<\/strong><\/p>\n<p><a href=\"https:\/\/entrepreneurmirror.com\/staging-site\/uae-new-alliance-announces-direct\/\">UAE: New Alliance Announces Direct Flights from Fujairah to Cairo\u00a0\u00a0<\/a><\/p>\n<p><a href=\"https:\/\/entrepreneurmirror.com\/staging-site\/farm-in-central-asia-is-acquired-by-acwa\/\">The Largest Wind Farm in Central Asia is Acquired by ACWA Power for $4.85 Billion<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The number of visitors to Ajman has increased significantly, indicating the city&#8217;s increasing allure and notoriety among both domestic and foreign tourists. October 2023 saw a noteworthy 5% increase in tourism activity and a staggering 11% increase in visitors. The remarkable 5% increase in Revenue per Available Room (RevPAR) that resulted from this spike in [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":6680,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,3],"tags":[],"class_list":["post-6679","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-news"],"_links":{"self":[{"href":"https:\/\/entrepreneurmirror.com\/staging-site\/wp-json\/wp\/v2\/posts\/6679","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/entrepreneurmirror.com\/staging-site\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/entrepreneurmirror.com\/staging-site\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/entrepreneurmirror.com\/staging-site\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/entrepreneurmirror.com\/staging-site\/wp-json\/wp\/v2\/comments?post=6679"}],"version-history":[{"count":0,"href":"https:\/\/entrepreneurmirror.com\/staging-site\/wp-json\/wp\/v2\/posts\/6679\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/entrepreneurmirror.com\/staging-site\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/entrepreneurmirror.com\/staging-site\/wp-json\/wp\/v2\/media?parent=6679"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/entrepreneurmirror.com\/staging-site\/wp-json\/wp\/v2\/categories?post=6679"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/entrepreneurmirror.com\/staging-site\/wp-json\/wp\/v2\/tags?post=6679"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}