About 50% of UAE travelers will spend more on family holidays in next one year, according to the findings of Visa affluent study.

Global payments’ technology company Visa interviewed over 300 credit card-holders in the UAE during an online survey, encompassing both male and female, between the ages of 18-55 years.

More than 130 of the respondents had annual household incomes between AED200,000 and AED300,000 and more than 170 respondents had household incomes of AED 300,000 and above per annum.

Visa Inc. MENA UAE general manager and global accounts lead Marcello Baricordi said, "One interesting feature of the study that I can reveal ahead of our presentation at Arabian Travel Market, is that in 2013 family holidays had the third highest spending incidence among affluent respondents in the UAE."

The study reveals that 89% took an overseas holiday in the last year with India, USA, Turkey, Maldives and France as the most popular destinations.

"In terms of expected spending on family holidays over the next 12 months, half of UAE affluent respondents said they would be spending more than the previous year," Baricordi added.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

The study also pointed out that the UAE residents demand for luxury hotels, and fine dining restaurants, among other comforts, and are ready to pay for the same.