The UAE's travel and tourism industry is growing significantly faster than the world growth average, according to new new economic research released by The World Travel & Tourism Council (WTTC).
It said the tourism sector contributed 14 percent to the UAE economy in 2012 - well above the global trend of 9 percent.
Taking account of direct, indirect and induced impacts, AED193.6bn ($52.7bn) of the UAE's GDP came from the industry last year and that contribution is expected to rise by 3.2 percent by the end of the year.
Read more: http://www.arabianbusiness.com/uae-tourism-worth-52bn-in-2012-says-report-493423.html
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