Ras Al Khaimah breaks record
The emirate also announced its largest foreign direct tourism investment project in partnership with Wynn Resorts, Marjan and RAK Hospitality Holding. Intercontinental Hotels Group (IHG), Movenpick and Radisson brands entered the destination for the first time, marking a 17 per cent annual growth in hotel supply to over 8,000 keys.
Ras Al Khaimah witnessed a 40 per cent increase in international visitors driven by 90+ roadshows, trade fairs, workshops and media events across 24 markets.
“Our success has been led by our agility and responsiveness – and the fact we think like a community, shaping our experiences to appeal to visitors and residents”
– Raki Phillips
Raki Phillips, CEO of Ras Al Khaimah Tourism Development Authority, said: “It has been quite a year. From January’s announcement of the multibillion-dollar integrated Wynn resort – a project that will usher in a new era of economic development through tourism – to securing two Guinness World Record titles for our New Year’s Eve fireworks and drone display, we have shown just how dynamic we are as a destination. Our success has been led by our agility and responsiveness – and the fact we think like a community, shaping our experiences to appeal to visitors and residents. With a determined focus on diversification, accessibility and sustainability, we are on track for even bigger things in 2023.”
New hotels and resorts opened in 2022, increasing the emirate’s inventory by 17 per cent to reach over 8,000 keys. The Intercontinental Hotels Group (IHG), Movenpick and Radisson brands entered the destination for the first time with the opening of the InterContinental Mina Al Arab, Movenpick Resort Al Marjan Island and the Radisson Resort Ras Al Khaimah Marjan Island.
With 19 upcoming properties, including global brands like Marriott, Millennium, Anantara and Sofitel, and 5,867 keys in the pipeline over the next few years, a 70 per cent increase versus current inventory and one of the highest development rates in the UAE, Ras Al Khaimah’s tourism vision continues to gain momentum. A major addition will be the multibillion-dollar integrated resort development with Wynn Resorts in 2026, announced early last year. The multipurpose integrated resort marks the largest-of-its-kind foreign direct investment in Ras Al Khaimah and will include 1,000+ rooms, shopping, meeting and convention facilities, spa, more than 10 restaurants and lounges, extensive entertainment choices, and gaming area.