A forecast study about the expected number tourists at city hotels in Dubai during expo year 2021

Abstract

Tourism has become the world’s third largest export industry after fuels and chemicals. The causality between inbound tourism and economic growth is bi-directional. These establishments like many others around the world and in the Emirates have seen a steep decline in the tourism department, in particular customer’s arrival and their number of days stay-in reputed hotels in Dubai. Obviously, it is due to the Pandemic and related worldwide travel restrictions. This business issue is taken into consideration, based on past data about a decade to improve customer’s expectations that makes economic development in Dubai tourism department. The forecast analysis is made by two key variables Tourists V/s nights they stay in. To arrive suitable forecast value, the analysis is done by three different methods based on extraneous variables in this current pandemic scenario.