Al Habtoor said, “We had a good year in 2021 where we saw a very promising recovery post-Covid, and I predicted last November an even better 2022. I am delighted to announce that this year did not disappoint. The revenues in our business's various divisions surpassed the previous year's recovery and pre-Covid times. Numbers don’t lie. AHG’s revenue in H1 of this 2022 vs 2019 grew by 19 percent in revenues and 95 percent in EBITDA. This shows that we have the right strategy and positioning as a group and a country overall. With the ongoing turbulent market environment and geopolitical uncertainties, the United Arab Emirates is showing exceptional resilience due to the vision and policies set by its leadership and complemented by the local businesses.”

 As reported by DTCM, Dubai welcomed 7.12 million visitors in the first six months of this year, up 183 percent year on year. And revenue per available room (RevPAR) rose to AED540 in H1, 21 percent higher than in H1 of 2019, despite a 22 percent increase in the number of hotel rooms in the Emirate since then.