Tourists in Dubai spend almost twice as much money while visiting Dubai compared to those visiting other major cities, including London or New York, according to the results of a new study released by CORE.
“The research shows the highest spending visitors by far, are Dubai’s, who spend nearly twice the average of our 12 cities,” said CORE CEO David Godchaux.
“Overseas visitors, who had an overnight stay in the emirate, spent an estimated US $4.7 billion (AED 17.2 billion) in restaurants and cafes in Dubai. In terms of spending on retail, this figure reaches $9.7 billion (AED 35.6 billion). This dwarfs the total amounts spent in the 11 other global cities measured, with Dubai featuring ahead of London, New York, Tokyo and Paris,” he added.
Visitors add on average 3% to a city’s population every night, according to the research’s results, but the figure rises to 10% in Dubai.