The Abu Dhabi Formula One Hospitality Industry

The Abu Dhabi Formula One hospitality industry has shown a remarkable increase since past November. There has been an increase of 2.5 million tourists who have visited the city on various occasions.

The Abu Dhabi Formula One hospitality industry has shown a remarkable increase since past November. There has been an increase of 2.5 million tourists who have visited the city on various occasions. One of the most notable events that attract millions of people each year is the Abu Dhabi grand prix race packages. This sports event holds too much of thrill and excitement to offer its fans. The visitors wait each year for Abu Dhabi f1 grand prix packages so that they can buy tickets for themselves and their families and come to attend their favorite sports event.

According to the Abu Dhabi tourism and culture authority there were a total of 260,810 guests checking in and staying at the hotel during the gran prix races last year. The authorities state that this was a 27 percent increase in the tourist rate. To add more this has not just happened once but each year as the races draw near the passenger rate starts increasing. The accommodation of hotels which is 10-20 percent in normal days adds up to 80-90 percent during the races. This is a massive increase in the Abu Dhabi Formula One hospitality and certainly good news for Abu Dhabi hospitality industry. The total revenue for Abu Dhabi hospitality increases by 12-13 percent.

The massive turnover is already expected by the hotel owners and other retailors because the November season is lined up with the grand prix races, award shows, film festivals, FIFA tournaments and art expos. These all are most awaited events of the year and have a global audience. Asians, Europeans, Arabs, Americans and Africans- tourists from all over the planet show up at these events to watch their favorite celebrities and cars.

The increase in Abu Dhabi Formula 1 hospitality was so obvious that it led to opening of 12 new hotel lines and luxury villas to benefit from the tourism. The stays are usually more than 3 days as people who have come so far prefer to have a good look around before they leave for their homelands. The tourism is not merely on an international scale but people from the country’s different regions also come for stays and enjoying their favorite events. The domestic tourism rate has increased by 6 percent during the month of November-owing to the addition of 865,966 guests. The increase in Abu Dhabi F1 hospitality rate will continue this year as well as the grand prix race comes closer.

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