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Economic Impact of Tourism on Debt Crisis in Dubai - Dissertation Example

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The dissertation "Economic Impact of Tourism on Debt Crisis in Dubai" focuses on the critical analysis of the economic impact of tourism on the debt crisis in Dubai. The research involved the use of both qualitative and quantitative methods of data analysis…
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Economic Impact of Tourism on Debt Crisis in Dubai
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? The Economic Impact of Tourism in Dubai & its Impact on their Debt Crisis Dubai has become a major global tourism hub in the world for the past one decade. Due to its infrastructural development with magnificent buildings and the hotels, the high demand for the amenities generates income resulting to economic development. Tourism has had a big influence to the economy, representing more than 40% of the GDP. It has become an important destination for local, regional and global tourists, making Dubai to rise to the tourism prominence as the top location for leisure, shopping, sporting events, international conferences and events carried out by the media. The state-of-the art facilities and other tourism infrastructure including stadiums, malls and urban transportation have greatly promoted the tourist sector, registering economic strides, generating a powerful multiplier effect on the economy. This positive growth in the economy has helped solve Dubai debt crisis in the United Arab Emirates region. Government debt crisis has been at the verge of increasing with companies like Dubai World claiming that they need more time to repay their debt installments. However, the economic turn point in tourism development has greatly contributed in managing Dubai debt crisis. This study aimed at examining the economic impact of tourism in Dubai and impact on its debt crisis. The research involved the use of both qualitative and quantitative methods of data analysis. A survey in questionnaires that would compare with UK tourists and Chinese tourists to Dubai was conducted. The researcher interviewed approximately ten students with knowledge about the Dubai economy and tourism. The primary data and secondary data was collected, analyzed and interpreted in graphs and charts. Increased growth of Dubai tourism sector has positive impact on the economy, helping in managing the debt crisis. CHAPTER 1: INTRODUCTION 1.1 Rationale for Research Study Over the last three decades, Dubai’s economy was largely dependent and operated by oil and real estate, resulting to minimal sources of economic resources to drive the economy forward. Lack of diversification in industries to reduce the economic risks of a retrogressive economy and the economic powerhouse of Dubai should concentrate on diversified economic activities such as tourism, which will steer the economy forward and help reduce the economic crisis of Dubai especially on debt. The emerging global levels of tourism in the foreseeable future in Dubai are likely to contribute positively to Dubai economy, raising the economic gains of Dubai. Given the significant impact of tourism on the economy of Dubai in a wider spectrum, accurate forecast of the demand for the tourism services is a fundamental aspect that will remain a key driver in alleviating and solving Dubai economic crisis of debt 1.2 Problem statement The study intends to address the key issue of economic significance of tourism plus its influence on the debt crisis of Dubai. The research will be embedded in addressing the tourism sector and demonstrating how progressive it has been for the past years and critically examine the economic value of it and bring out its importance in solving the economic crisis of Dubai’s debt. Unlike other Emirates of the United Arab Emirates, Dubai is not endowed with rich oil resources. Dubai in the process of attracting investors from around the world, developed and spent a lot of money on building roads and star hotels among other infrastructural developments to woo the international entrepreneurs. For various reasons, an economic crisis was evident with real estate investment collapsing. 1.3 Research Aim and Objectives 1.3.1 Research Aim The aim of this research study is to examine the economic impact of tourism in Dubai and its impact on its debt crisis. 1.3.2 Research Objectives The research will accordingly be directed by the following specific objectives. 1. To identify the tourism development of Dubai destination. 2. To identify the direct and indirect implications of Dubai Debt Crisis. 3. To identify what outside individuals or organizations evaluated on Dubai. 4. To identify how tourism industry has the positive effect on Dubai’s Debt Crisis. 1.4 Conclusions In developing the research aims and objectives, a purposeful study will be enhanced in addressing the problem stated for this research study. A clearly developed research methodology and an important relevant literature review in line with the topic of study to help articulate the ideas well will be made available. CHAPTER 2: LITERATURE REVIEW Tourism is an investment movement that includes exercises of persons venturing out to and staying in spots outside their normal environment for less than a single successive year for recreation, business and different purposes not identified with the activity of an action compensated from inside the spot of visit. Tourism has an economic value attached to it due to the revenue generated from the services enjoyed by the tourists (WTO, 2005). Dubai has been undergoing development stages in tourism projected by high standards of living among the people and the economy at large. Economic development in Dubai has largely been evident on the infrastructure arena whereby productivity in service delivery and products has risen especially in the tourism sector. Dubai’s tourism demand remains the foundation in which the economy is resting on and through related tourism business in the city. Improvement of airlines, tour operations, hotels, cruise ship lines and many other recreation facilities has given tourism a new twist for the economy. Dubai’s economic growth has largely depended on tourism demand and the resultant management failure of the sector reflects a negative impact on the economic status which has a debt crisis already (WTO, 2005). Demand for tourism related businesses has risen over the last decade which has prompted Dubai to open up its regional and global economic avenues by transforming its telecommunication sector, roads, hotels and hospitality management and airlines. This has made the city to be among the most beautiful and developing tourist destination around the world receiving millions of tourists in a year. Tourism experts in Dubai have been examining the demand for tourism as a determinant for business and overall economic profitability both currently and in the foreseen future. A key indicator of tourism in Dubai has been measured largely on the number of guest nights being accommodated in star hotels. Dubai holds a large expatriate workforce that comes virtually from every corner of the world encouraging visits from families and friends and business partners. The booming service sectors such as sports facilities results in derived demand for professionals that are qualified consultants who improve the service delivery during all vacation periods. The demand for tourism therefore in this economy has well been diversified by income levels from all over the world representing an extensive geographical revenue generation. Dubai’s Department of Tourism and Commerce Marketing runs a database related to hotel guests an hotel night stays with Dubai Airport Free Zone Authority collect required data on arrivals and departures across all the international airports to get information about the tourists visiting Dubai. These hotels have been recording high revenue collections from the entire tourism sector. This incremental growth in tourism and related revenue gains has put Dubai on a different milestone to tackle its economic crisis relating to debt (WTO, 2005). Seasonal factors however, have been causing a varying figure in the total revenue generation especially during Ramadan whose timings depends with the Hijiri. Sporting events, entire school calendars and competition from tourist destinations with more temperate zones has affected tourism during summer (DTCM, 2004b). Tourism sector success in Dubai and the ever increasing impressive growth of air traffic in its airports over a period of ten years between 1998 and 2008 was monumental as shown in the following table Table 1: Tourism sector Expansion in Dubai Indicator 1998 2008 Annual Growth Rate Average Number of Operating Establishment 258 350 0.2 Number of Rooms 17,046 40,732 7 Number of Guests 2,184,292 6,273,291 9.9 Number of Guest nights 5,433,215 16,653,704 10.6 Revenues (in AED thousands) 2,063 13,245 20.3 Number of Aircrafts landed in Airport 123,352 270,349 8.3 Total Passengers Movement in Airport 9,732,202 37,441,440 14.5 Source: www.dsc.gov.ae This clearly shows how tourism sector is immensely growing owing to the fact that high numbers of tourists are visiting Dubai improving the economic gains from revenue generation. Revenue is a measure of economic prosperity and these notable changes in incomes arising from tourists visits is a show of a growing economy that will be able to manage its economic crisis. Dubai Debt Crisis Among the seven Emirates of the United Arab Emirates, Dubai is the most populated and second largest in terms of area and its main revenue sources are from tourism, property development, financial services and business oriented activities. Dubai economy was originally built on the oil industry where revenues from the sector contributes less than 65 of the total economy valued at 80 billion US dollars by 2009.Dubai through many infrastructural developments has largely attracted the world due to the innovative ways of the projects and the events that relate to sports making it to emerge globally as a tourist destination and a major business hub around the world. In 2000, a secondary market, Dubai Financial Market for trading on securities and bonds was established and engaged even in the local market. In a span of six years, the trading volume of DFM stood at about 400 billion share and a market capital of about 87 billion US Dollars (DTCM, 2004b). In the event of transforming Dubai as an economic tourism and business hub in the global arena, the government developed a goal to scale up the construction projects to raise Dubai to the standards of a global competitive city which was a multi-billion shillings investment. To finance this undertaking, the government of Dubai raised the development funds from global bond markets increasing the debt at a greater margin among state owned agencies or enterprises. The GDP levels of Dubai represents a scenario whereby the only remaining economic activity that can help lessen the debts for Dubai is tourism development which has largely contributed to repayment although the debt is still remarkable underpinning factor in the Arab Emirates economic hub where completion remains high (DTCM, 2004b). Dubai Debt crisis has had major impacts on the regional and global economy which may erode the foreign confidence in the global market. It also resulted to an attached risk to the sprouting markets in the region where the risk grow high. However, advancements in tourism developments presents a steady solution to the debt due to the emerging global concerns to trade with Dubai through tourism, sports and also business. Regardless of the debt crisis arising from the securities and bonds, the ever increasing number of millions of tourists visiting Dubai yearly is a remarkable revenue source to positively anchor the government in a stable position to settle its debt crisis. Dubai has made considerable promotion of the country to help give a good image of the best tourism destination. The economy has been generating a lot of income due to booming tourists and businesses empowered by improvements in infrastructure (DTCM, 2004b). Development of Dubai Destination for Tourism Since the early 1960s, Dubai has been undergoing great strides in modernization and urbanization which has been a key driving factor towards improving the tourism sector by transforming all the infrastructural sectors of roads, telecommunication, airports and shipping. Business travel being a profitable part in the economy, contributes greatly to the economy of Dubai but leisure dependent tourism attracted approximately 75% of the total tourists visits in Dubai in 2003 (DTCM, 2004a). The length of the hotel guests stay was 2.37 days and 3.36 for the hotel apartments guests in 2003 (DTCM, 2004b). Tourism growth rate as demonstrated by revenue generation in hotels has been on the rise as demonstrated below. Development of tourism in Dubai remains a monumental global city in tourism sector. The state-of-the structures and the star hotels have largely contributed in improved strides in tourism. Fluctuations have been evident due to various factors affecting tourism in the United Arab Emirates and the globe at large. Wealthy populations have always travelled to distant parts of the world Dubai in the list of mostly visited destinations to see the great buildings, works of art and learn new languages, experience new cultures and taste different dishes of food in the visited destination around the world (DTCM, 2004b). Impacts of Dubai Debt Crisis Dubai has been striking the global financial industry and the economic crisis of the debt has been the most serious one that they have faced compared to the one faced in 1999. This debt crisis has had both direct and indirect impact on the economy locally and globally. Negative effects on Mid East Region The idea of the great debt figure not actually owned by the government resulting to no direct tie to the sovereign financial backing by the other economies in the region has continued to erode the foreign investor confidence. By operating a financial global center and not exercising the financial rules for the international market, poses a big threat to the growth of the regional markets. Nakheel bond default however puts Dubai in a bad financial position relying on international demand and finance that is not focused on regional growth and demand will likely decline due to the regional players willing to continue with financial obligations. The Dubai Debt Crisis has posed risks on the emerging market. There lacks financial freedom in terms of policies and funding for the emerging markets. This has been causing a significant challenge to the global economy due to the collapse of the Dubai economy. Other countries have been focusing on recovery of the crisis. These emerging markets are faced with financial burden and they find it difficult to play in this league of business where offsetting the economic crisis is a major concern. Dubai debt “standstill’ was always affecting the Gulf region and some were more impacted on than others. There was a likelihood of loss of investors, tourists and businesses making it unsuitable for free marketing economy. The global recurrent economic crisis has slowed the investment and growth of Dubai coming at a time when it’s fighting the financial crisis of a debt (Guillen, 2009). The shocking ask by the Dubai World investment company to delay in the repayment of the billion dollars of debt from the money borrowed in building of large luxury developments and lavishing tourist attractions. Investors have raised alarms on the status of banks leading to the shaking of the financial markets sending global indices sharply lower. Banks were expected to lend loans to the tourism industry for major developments plunging the economy of Dubai into a debt crisis. The price of Dubai property has also dropped drastically from 222% to 50% (Guillen, 2009). Aspects affecting the development of Dubai as a Tourist destination Stability Economic, social and political stability is essential for tourism because an insecure destination will deter away many tourists. Dubai has a stable social domain and the political stability is also good for the tourists to enjoy their time. Regardless of the economic hiccup of debt crisis, Dubai is a financially stable economy where the degree of independence and autonomy in the development of the economic policies is fundamental in enhancing regional markets in the United Arab Emirates. By creating a harmonious environment for trade, it is a cosmopolitan society with little threat to civil unrest and low crime rates. Dubai presents itself with many opportunities of strengthening its tourism ties with many countries around the world improving the revenue generated from tourism (Guillen, 2009). Tourism policy Favorable policies that promote tourism in a country play an important role in the success of tourism. Destinations that have good control of the political regimes with tourism agenda, help tourism thrive in such economies. Dubai was prompted and propelled by a federal policy to start substantial investments in tourism. Diversification policies with tourism in mind were seen for economic urgency. In Dubai, tourism was positioned at the centre of diversification together with construction, telecommunications, media, real estate and financial trading hence its development. Accessibility Aspect Advances in transport and ease of access of a tourist destination by air are an important aspect for a country to be regarded as a leading tourist destination in the international world. Dubai has far of appropriate communication infrastructure and has become a hub for transport. There has been tremendous increase in number of airlines serving 145 destinations. More than 105 airlines have been developed since 2003 (Guillen, 2009). Amenity Demand The demand for social amenities by the tourists is key to an economy that entirely depends on tourism. Accommodation and hotels construction in Dubai has largely grown with rooms increasing immensely. Also, their location is an important factor in enhancing tourism development. Dubai hotels and accommodation areas are developed in islands where tourists enjoy a great deal of their time at the coastal towns. Attractions and promotions To some extent, the attractions and leisure products creations in Dubai have had limitations compared to other areas such as the Caribbean and South East Asia. The selection of both culture and natural heritage and the tourists get tired especially during the summer where the temperatures exceed even 45 degrees Celsius. Diversification on the variety of the attractions and the promotions in Dubai will help it increase the revenue base of their economy. The economic gains from tourism have resultant positive income on the economy and reflected toward the settlement of the debts owed to international markets and the local banks. Tourism as an Economic future for Dubai The tourism industry will remain the key driver of economic growth of Dubai despite the challenges encountered and the competitive nature of tourism around the world. There still remain opportunities that need to be tapped for additional investment to reflect more positive growth on Dubai’s other key divisions such as logistics and infrastructure given the future foreseen growth for the industry and the economy at large. The tourism industry has seen consistent growth as at least 10 million international tourists made visits to Dubai in 2012, which was a 9.3% growth compared to past years. The guest nights number recorded was 37.4 million with a 14 per cent growth rate as revenue of hotel and hotel apartments rose by 17.9 per cent to raise a high of Dhs 18.82 billion during the same period. It is also projected that the emirate’s visitor numbers to reach a high of 15 million by the year 2015 (Guillen, 2009). To achieve this projected increase in the number of visitors in future, the government of Dubai and the private sector has to combine efforts that will drive new growth through initiatives and increase the hotel rooms’ capacity by a higher margin. Professional vocational training and awareness provision to the citizens and residents of Dubai is an important aspect of development where they are acquainted with knowledge and skills that will steer tourism management to greater heights. Strengthening strong relationship between the public and private sector by ensuring they work hand in hand to ensure tourism growth and realization of the economic benefits will be important as it has been. Maintaining high standards of a world class infrastructure of advanced roads and metro network and airlines in the tourism sector will see the economy grow remarkably. Tourism remains one of the key drivers of economic recovery of Dubai from the global recession as the ever increasing number of tourists flocking the country for business and holidays. The future of tourism in Dubai is more dependent on diversification of the segment by developing a marketing strategy that will see the growth and development of the economy at large countering the increased competitive nature of tourism from other destinations around the world such as UK and Africa. Coming years could see a more measured growth of the hospitality component of the wider tourism industry. There are new top-end hotels that are set to open their doors in coming years raising the revenue growth .The continued recovery in the Dubai tourism growth and the high demand for hotels has continued to renew the confidence of the of real estate development and other growth sectors have also been encouraged to develop also. Maintaining a steady growth of the industry both in the short and long term proves that the industry will continue to gain the economic base revenue as major develops are being outlined and implemented. Dubai will find it important to continue maintaining the political stability and social cohesiveness among the residents. This is an important aspect of a smooth development agenda for tourism. Instability scares and erodes the investors’ confidence to continue channeling their resources for the improved development of the economy. It also discourages the tourism industry by drastically reducing the number of tourists who visit a country. Dubai has continued to provide an environment that is stable politically and socially. This has seen improvement in the standards of living and stability in security for the visitors and residents. The future of the Dubai economy supported by tourism industry therefore will largely depend on maintained prevailing economic, socio-cultural, political and historical structures that will continue reshaping the economic policies geared to overall growth and development (Guillen, 2009). CHAPTER 3: RESEARCH METHODOLOGY 3:1 Form of Research This research study will be a qualitative and quantitative form of research that will employ various tools of research to demonstrate and critically examine the economic impacts of tourism and its impact on the debt crisis of Dubai. 3.2 Research Design In ensuring that quality study is done, an integrated research design will be employed to gather the required information that will make the study rich. Primary data collection by administering a survey to the respondents to get the first hand information is critical. The use of questionnaires and interviews will enhance the research plan. Secondary data sources will play an important role in enhancing the research. 3.3 Data Collection Both primary and secondary data will be collected. 3.3.1: Interviews A structured interview will be used in the research to get information from 10 students who have information about the economy. 3.3.2: Survey A survey will be developed and questions will be directed to the respondents with questions that will both be open ended and closed. Simple random sampling will be used. 3.4: Justification for the Methodology The data collection methods are dependable and strong since first hand information as a reliable source will be acquired. This however will clearly examine the tourists’ level of expenditure and the social amenities they utilize in Dubai. 3.5: Data Analysis and Interpretation Data collected was analyzed using Statistical Packages for Social Science (SPSS) method and represented using graphs and pie charts that and interpreted results and discussions. RESULTS AND DISCUSSIONS Data collected through the questionnaires administered to the respondents was analyzed and represented using pie charts and graphs. 70% of the respondents were from China with 30% originating from UK. China registers high number of tourists globally. Question 1 40% of the respondents considered visiting the capitals and a remarkable 20% visiting the historic scenes Tourists choice for the sites of visit vary depending on the need that the tourist want to achieve. Dubai capital has seen improved developments and majority of the respondents would visit it. The beach and the seaside also register remarkable number of visitors. Question 2 On the image that cross on the minds of the of the respondents when they hear about Dubai it’s the whole scenario about the beautiful sceneries about Dubai and its immense richness in tourists attractions, an attractive city with high profile accommodation and hotels that serves the requirements of the tourists who visit Dubai. The respondents also argued a different tourist destination that every person around the world wants to visit and just stay there for some days. Question 3 71% of the respondent that tourism is important for Dubai Economy with 21% claiming tourism is very important for Dubai economy Tourism is a backbone to the economy of Dubai as the respondents argued. For so many years, Dubai has been largely relying on tourism to support its development agenda for the country. Tourism has many impacts in the economy to help it overcome the economic debt crisis that has for many years been carried forward and delayed in payment. To help realize the economic benefits of tourism in totality, Dubai should come up with a development policy that will see the economy grow at a greater margin. Some of the policies would be diversifying on the tourist attractions and sceneries to help promote the image of the country in the global market to boost visits hence increase levels of income growth (Guillen, 2009). Question 4 10% of the respondents showed more knowledge about Dubai destination with 90% expressing much know how on awareness about Dubai in terms of its richness for ecotourism. Promotion of tourists’ destination through international forums is an important factor in encouraging more tourists to visit it. Dubai has been promoting tourism very well both locally and at the international market raising the total tourist’s visits to the Emirate. The conspicuous star hotel along the coast and in the capital has promoted tourism (Guillen, 2009). Question 5 On the awareness about the current economic problem of Dubai, 8 of the respondents argued that they were aware about the economic problem facing Dubai arising from the debt crisis with 2 of them showing little of knowledge about the economic problem. However, they reiterated that the economic problem facing Dubai could not affect their visits and wishes to visit and stay there. Question 6 Variety of hotels was found to be a concern to the respondents in making a decision to visit Dubai with 45% of them considering hotel varieties an issue. All the respondents listed terrorism, quality of hotels and price that they were of no concerns. One of the respondents noted that price would affect his decision to visit Dubai raising issues about pricing. Other issues that respondents considered that would affect their decisions included issues of diversification of tourists’ attractions, expanding the airlines and harmonizing the pays in hotels and sceneries. Question 7 100 % of the respondents had previously visited Dubai but in different times showing that they enjoyed their stay in Dubai thus willing to spend a holiday there. Dubai is a tourism hub that has proved competitive in the international market. Compared to UK and other destinations like Africa, Dubai has moved miles far as a tourism destination. Its mega investments in the industry that had resulted to the economic crisis placed it at a good position as a global competitor in tourism (Guillen, 2009). The total number of visits to Dubai Question 8 and 9 All the respondents have had a visit to Dubai and they found it an exciting place to visit during holidays and enjoy the beautiful attractions that the country has to offer. They were excited to make a visit again. There was an increase in the number of days for stay for the respondents willing to spend more than seven days with decrease in the number of respondents willing to stay for about 3 days. This clearly shows that more respondents were willing to spend more time in Dubai than their earlier visits indicating rise in the total tourists travelling to Dubai. More tourists willing to spend their time in Dubai reflect an increased revenue generation from the tourists who are willing to spend hundreds of dollars of shillings daily. The high standards of services offered to them in hotels and accommodation sites drive them to spend as much as they can for the services offered. Quality services in Dubai have resulted to increased rise in the number of tourists willing to stay for long and pay more for the services (Guillen, 2009). Question 10 and 11 There a notable increase in the amount of the money the respondents were willing to spend during the current visit to Dubai.80% of the respondents would spend over 100USD compared to 50% previously.It represents 30% increase in daily expenditure. Tourism industry has been among the first growing in the world recording more than 15 million tourists annually.Expenditure on daily basis by tourists has been increasing the overall revenue margin for the industry promoting other sectors of the economy that have since been on the brink of collapsing such as real estate development.Tourism in Dubai will continue to grow as long as the government will remain committed to steady maintainance of the key developments both at the capital and the rest of the sceneries that tourists find better suiting their visits. About 73% would spend in Hotels, 15% in purchase of luxury goods and only 12% on souvenir. This clearly indicates that demand for Hotels is high. Limitations to Study A number of factors limited this study, especially when conducting the research survey. The study was limited to time to interrogate the respondents on a number of issues regarding to the topic which would improve greatly the quality of the study. Most of them opted to just give short answers. The data sources available for reference did not give updated content about the current economic status of Dubai especially on the debt crisis. This limited the study to backdate the economic status of Dubai and the tourists’ statistical data back to 2008. Finance was also a limited the scope of the study due to logistical technicalities of administering the survey (Guillen, 2009). Recommendations Further research studies on this and related topics should consider investing enough time especially during the research survey and the entire data collection to enhance the quality and quantity of the data collected from the respondents. Any research study should find it worth to acquire updated statistical data about the topic of study although this may be limited to financial constraints which should be alleviated too. Conclusion Dubai’s economy has largely depended on tourism for so many years remarkably resulting to increased growth and development. Dubai is a stable country with ease of access, infrastructural development, diversified social amenities and a tourism policy which has been implemented. All these positive strides have anchored Dubai at a very stable condition in development of tourism. Increase in revenue generation from tourism has largely contributed in resolving the economic crisis of Dubai arising from debt. Tourism is reshaping the economy bringing more returns from the mega investments that were made years ago. The continuing trend for growth and development of Dubai’s economy is a testimony that it will be able to handle its economic crisis (Guillen, 2009). References DTCM, 2004b. Hotel Statistics 1994-2003 and Hotel Apartment Statistics 1996-2003. Dubai: Department of Tourism and Commerce Marketing. DTCM, 2004a. Dubai Visitor Survey 2002-03. Dubai: Department of Tourism and Commerce Marketing. Guillen, M. F., 2009. The Global Economic & Financial Crisis: A Timeline. The Lauder Institute, pp. 87-90. WTO, 2005. Tourism Highlights Edition 2005. Madrid: World Tourism Organization. APPENDICES Questionnaires Gender: Male …………………. Female ………………… Job ………………………………… Age …………………… UK tourist ……………………….. China tourist ………………… 1. What kind of destination do you like? And where would you visit? A) Beach B) historic C) capital D) seaside 2. What you image if you hear” Dubai”? (OPEN QUESTION) 3. In your point of view, how important tourism is for Dubai’s economy? 1. Not important at all 2.a little bit important 3. Important 4. Very important 4. How much are you aware of Dubai as a tourism destination? And what sort of tourist experience do you think it offers? 1. Do not know anything at all 2 knows a bit 3. Know a lot 4 know most of the thing 1. Oil 2. Economic center 3. Jumeirah Beach Resort 4. Burj Al-Arab (multi choices) 5. Are you aware of the current economic problem in Dubai? Do you think this could affect your wish to there? 6. Which of the following factors would affect your decision about visiting Dubai? A. quality of hotel B. varieties of hotel C. exchange rate D. price E. terrorism F. others 7. Have you been to Dubai? A yes (go to question 7) B no (go to question 8) 8. How many days did you spend in Dubai? (Go to question 10) A. about 3 days B 3 ~ 7 days C. more than 7 days 9. How many days will you spend in Dubai? (Go to question 11) A about 3 days B 3~ 7 days C. more than 7 days 10. How much did you spend per day while you were in Dubai? (Go to question 12) A. 30 ~ 50 B. 50 ~ 80 C. 80 ~ 100 D. over 100 11. What is your budget for going to Dubai per day? A. 30 ~ 50 B. 50 ~ 80 C. 80 ~ 100 D. over 100 12. Which area did you spend money when you were in Dubai? Read More
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