2023-06-19 06:44:05
The 17th season of the “Art Dubai” exhibition in Madinat Jumeirah, from March 1 to 3, 2024, will host the participation of more than 400 artists from around the world, as it will include a wide range of exhibitions and contemporary and digital art experiences.
In the current year’s session, which was held from the first to the fifth of last March, “Art Dubai” achieved qualitative profits, enhancing the strong growth of the activities of the creative economy in the emirate.
As the revenues of the exhibition edition amounted to 142.9 million dirhams, achieving the highest economic return for the pioneering creative event in its history since its inception in 2007, according to the study data issued by IPSOS, which specializes in marketing consulting and research.
Which aimed to measure the economic impact of the exhibition, the most important of its kind in the region during its holding period, with the participation of more than 130 contemporary and modern galleries from more than 40 countries. The study showed that the event had a clear impact on the hospitality sector in Dubai over the course of its five days, in light of the great demand witnessed by art lovers and art lovers from inside and outside the country.
The study confirmed that the exhibition contributed to achieving about 23.5 thousand hotel nights during its holding period, noting that these results represent a steady economic impact of more than 50% compared to the latest published data.
Which allocated a revenue of 92 million dirhams for the edition of the event in 2019. These achievements are in line with the ambitious goals of the Dubai Creative Economy Strategy, which aims to transform Dubai into a preferred destination for creators in the world, and the capital of the creative economy by 2026, and keep pace with the growing position of Dubai as a pivotal center for the cultural and economic movement in region and the world.
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