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UAE Hotel Gift Cards Market By Product Type (Universal Accepted Open Loop, Hotel Closed Loop); By Price Range (Low (0-1000 US$), Medium (1000-3000 US$)); By Sales Channel (Online, Offline); By End User (Business, Individuals); By Application (Holiday Packages, Bar & Spa Services, Sports Activities, Travel & Transportation, Others) – Growth, Share, Opportunities & Competitive Analysis, 2024 – 2032

Summary
Table Of Content

REPORT ATTRIBUTE	DETAILS
Historical Period	2019-2022
Base Year	2023
Forecast Period	2024-2032
UAE Hotel Gift Cards Market Size 2023	USD 134.60 million
UAE Hotel Gift Cards Market, CAGR	10.3%
UAE Hotel Gift Cards Market Size 2032	USD 326.88 million

Market Overview

UAE Hotel Gift Cards market size was valued at USD 134.60 million in 2023 and is anticipated to reach USD 326.88 million by 2032, at a CAGR of 10.3% during the forecast period (2023-2032).

The UAE Hotel Gift Cards market is driven by a rising demand for personalized gifting solutions, with consumers increasingly seeking flexible and convenient options for travel and accommodation experiences. The growing tourism and hospitality sector in the UAE, particularly in major cities like Dubai and Abu Dhabi, is boosting the adoption of hotel gift cards, as they offer a seamless way to access hotel services. Additionally, the shift toward digital solutions is fostering the popularity of e-gift cards, providing consumers with instant access and greater convenience. Hotels are also leveraging gift cards as part of loyalty programs and promotional campaigns to enhance customer engagement and attract new clientele. The trend toward experiential gifting, where consumers prefer offering experiences over physical goods, further supports the market’s growth. The UAE’s position as a global tourism hub and the increasing disposable income of residents are also key factors contributing to the market’s expansion.Bottom of Form

The UAE Hotel Gift Cards market is characterized by a strong presence of key players across various regions, with Dubai and Abu Dhabi leading the demand. Major international hotel chains, such as Marriott International, Hilton, Hyatt, and Four Seasons, are actively involved in offering hotel gift cards, catering to both local and international customers. Additionally, companies like YOUGotaGift and Hotelgift provide platforms for consumers to purchase gift cards for various hotel brands. The market is also supported by regional players like Taj Hotels and Minor Hotels Europe & Americas, which contribute to the growing hospitality offerings in the UAE. The increasing popularity of experiential gifting and the rise of corporate gifting programs have further driven the demand for hotel gift cards in the region. These key players continue to innovate and expand their portfolios, providing diverse and customizable gift card options to attract a wide range of customers.

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Market Insights

The UAE Hotel Gift Cards market was valued at USD 134.60 million in 2023 and is expected to reach USD 326.88 million by 2032, growing at a CAGR of 10.3% during the forecast period (2023-2032).
Increasing demand for flexible and personalized gifting options is a key driver of the market.
Digital transformation in the payment sector has led to a rise in the adoption of e-gift cards, offering consumers convenience.
The trend toward experiential gifting, with a focus on luxury and unique experiences, is propelling market growth.
Intense competition from other gift card options and market saturation may hinder growth potential.
Dubai and Abu Dhabi dominate the market, with expanding demand for hotel gift cards from both tourists and local residents.
Key players like Marriott International, Hilton, Hyatt, and YOUGotaGift are actively shaping the competitive landscape, offering a variety of gift card packages.

Market Drivers

Rising Demand for Personalized Gifting Solutions

The growing popularity of personalized gifts is one of the key drivers for the UAE Hotel Gift Cards market. Consumers increasingly seek unique and customizable gifting options, and hotel gift cards offer an ideal solution. These cards allow recipients to tailor their travel and accommodation experiences, making them an attractive choice for birthdays, anniversaries, holidays, and corporate gifts. The flexibility of using the gift card for various services, including hotel stays, dining, and spa treatments, adds to its appeal. As the trend for personalized and thoughtful gifting grows, hotel gift cards provide an innovative way for consumers to offer meaningful experiences rather than traditional material gifts.

Strong Growth in Tourism and Hospitality Sector

The UAE’s thriving tourism and hospitality industry is a major contributor to the growth of hotel gift cards. With Dubai and Abu Dhabi emerging as key global tourist destinations, there is an increasing influx of international and domestic travelers. For instance, the UAE has seen significant tourism growth, with events like Expo 2020 drawing millions of visitors and boosting the demand for hotel accommodations and services. This surge in tourism fuels the demand for hotel accommodations, experiences, and amenities. As more people travel to the UAE for leisure, business, and special events, hotel gift cards provide a convenient method for tourists to book and enjoy these services. Furthermore, as the country hosts global events such as Expo 2020 and the Formula 1 Grand Prix, the demand for hotel services and, consequently, gift cards continues to rise, supporting overall market growth.

Shift Toward Digital Solutions and E-Gift Cards

The UAE’s growing digitalization trend significantly drives the demand for e-gift cards. With increasing smartphone penetration and digital payment adoption, consumers prefer purchasing gift cards online for their convenience and instant delivery. E-gift cards are particularly popular due to their ease of use, allowing recipients to instantly redeem them for hotel stays, services, or experiences. The digital nature of these cards aligns with consumer preferences for contactless transactions and online shopping, further boosting their popularity. The UAE’s robust e-commerce ecosystem, supported by high-speed internet and tech-savvy consumers, is propelling the shift toward digital gift cards, making them a preferred gifting option in the hospitality sector.

Integration with Loyalty Programs and Promotions

Another significant driver for the UAE Hotel Gift Cards market is the increasing integration of these cards into loyalty programs and promotional campaigns. Hotels in the UAE are leveraging gift cards as part of their efforts to enhance customer engagement, retain loyal guests, and attract new ones. For instance, many hotels offer gift cards as rewards in loyalty programs or as part of promotional packages to incentivize repeat business and encourage new customers to try their services. This not only boosts gift card sales but also increases hotel bookings and overall revenue. Additionally, with the rising trend of experiential gifting, consumers are more inclined to purchase hotel gift cards as they are seen as a versatile and memorable way to gift unique travel experiences.

Market Trends

Shift Toward Digital and Contactless Solutions

A prominent trend in the UAE Hotel Gift Cards market is the shift toward digital and contactless solutions. As consumers increasingly favor convenience, digital gift cards are becoming the preferred option. The ease of online purchasing, instant delivery, and seamless integration with mobile wallets make e-gift cards highly attractive to tech-savvy consumers. This trend is further amplified by the UAE’s high smartphone penetration and digital payment infrastructure, allowing consumers to access and redeem their gift cards effortlessly. The convenience of digital transactions has become a key preference, with many consumers opting for hotel gift cards that can be used without physical contact, aligning with the growing demand for safety and convenience in the post-pandemic era.

Popularity of Experiential Gifting

Another significant trend is the growing preference for experiential gifting. Consumers are increasingly moving away from material gifts, instead opting for experiences that create lasting memories. Hotel gift cards, offering access to unique stays, fine dining, and personalized spa treatments, align perfectly with this trend. For instance, a survey by American Express Middle East revealed that 74% of UAE consumers prefer to receive experiential gifts, such as travel and entertainment experiences, over physical gifts. As people seek to provide more meaningful and personalized gifts, hotel gift cards offer a way to give the gift of experiences. This shift is particularly strong in the UAE, where luxury tourism and exclusive hospitality offerings are highly valued. The trend toward experiential gifting has led hotels to create more tailored gift card offerings, such as spa packages, adventure tours, or weekend getaways, enhancing their appeal in the market.

Integration with Corporate Gifting and Incentives

Corporate gifting is becoming an increasingly important market segment for hotel gift cards in the UAE. Companies are incorporating hotel gift cards into their employee rewards programs, client incentives, and corporate gifting strategies. By offering these cards, businesses can provide a flexible and high-value gift that is likely to be appreciated by employees and clients alike. Hotel gift cards are ideal for rewarding top performers, offering incentives to potential clients, or celebrating business milestones. This trend has gained traction in industries such as finance, real estate, and hospitality, where employees and clients are often treated to exclusive experiences. Corporate gifting is expected to continue growing as businesses recognize the value of offering memorable experiences rather than traditional, material rewards.

Customization and Personalized Offerings

A growing trend in the UAE Hotel Gift Cards market is the increasing focus on customization and personalization. Hotels are offering tailored gift card options to cater to specific customer needs, from customized amounts to personalized messages. This trend allows customers to offer gift cards that are more suited to the recipient’s preferences and interests. For example, customers can select cards that provide access to specific hotel experiences, such as luxury spa treatments, dining experiences, or romantic getaways. Personalization not only adds value to the gift but also enhances the overall customer experience, as recipients feel more connected to the offering. This trend aligns with the broader demand for unique and bespoke services, particularly in the UAE’s luxury hospitality market.

Market Challenges Analysis

Limited Consumer Awareness and Education

One of the key challenges faced by the UAE Hotel Gift Cards market is the limited consumer awareness and understanding of how to use these cards effectively. While digital gift cards are growing in popularity, many consumers are still unfamiliar with the full range of benefits and functionalities they offer. Some may not fully understand how to redeem gift cards for various services, such as spa treatments, dining, or excursions, in addition to hotel stays. This lack of awareness can lead to underutilization and a reluctance to purchase hotel gift cards. To overcome this challenge, hotels need to invest in educating consumers about the value and flexibility of gift cards through marketing campaigns, website information, and customer service training. Increasing awareness of gift card options can significantly boost sales and customer satisfaction.

Intense Competition and Market Saturation

The UAE Hotel Gift Cards market faces intense competition, both from other hotels and alternative gift options, which presents a challenge for growth. Many hotels are offering similar gift card packages, leading to market saturation and making it harder for individual hotels to differentiate their offerings. For instance, the trend toward experiential gifting has led to a proliferation of experience-based gifts, such as adventure tours or culinary experiences, which compete directly with hotel gift cards. Additionally, consumers have numerous gift options beyond hotel gift cards, such as restaurant vouchers, retail gift cards, or experience-based gifts, which may compete for attention. This intense competition makes it crucial for hotels to innovate and create unique, value-added gift card packages that stand out in the marketplace. Offering exclusive experiences, partnerships with local attractions, or luxury-tier gift cards could help overcome the challenge of market saturation and attract a wider audience.

Market Opportunities

The UAE Hotel Gift Cards market presents significant opportunities for growth driven by the expanding tourism sector and increasing consumer demand for personalized experiences. As the UAE continues to attract international tourists and business travelers, there is a growing need for flexible, customizable gifting options. Hotel gift cards cater to this demand by offering a unique, versatile solution for consumers looking to gift experiences rather than material goods. Hotels can capitalize on this trend by expanding their gift card offerings, including options that cover a wide range of services such as luxury spa treatments, exclusive dining experiences, or adventure tours. By tailoring gift cards to different customer segments, hotels can tap into new markets and increase customer engagement. Furthermore, with the rising trend of experiential gifting, there is a clear opportunity to market hotel gift cards as part of this shift in consumer preferences.

Another promising opportunity lies in the integration of hotel gift cards into corporate gifting and incentive programs. Many businesses in the UAE are focusing on rewarding employees and clients with unique and memorable experiences, which hotel gift cards can provide. By offering hotel gift cards as part of corporate reward systems, companies can differentiate themselves and enhance employee morale, as well as build stronger client relationships. Hotels can also partner with businesses to create co-branded gift card options that offer exclusive deals or services, further appealing to the corporate sector. Additionally, the growing digitalization of the region presents an opportunity for hotels to expand their reach by offering digital gift cards that can be purchased and redeemed online, allowing for greater convenience and accessibility. These opportunities can contribute to the long-term growth and success of the UAE Hotel Gift Cards market.

Market Segmentation Analysis:

By Product Type:

The UAE Hotel Gift Cards market can be segmented into two main product types: Universal Accepted Open Loop and Hotel Closed Loop cards. Universal Accepted Open Loop cards are highly versatile, as they can be used at a wide range of hotels and services, offering consumers the flexibility to choose their preferred accommodation or experiences. These cards are typically favored by tourists and business travelers who value convenience and variety. On the other hand, Hotel Closed Loop cards are specific to a particular hotel or chain, allowing consumers to use them exclusively within the brand’s network of properties and services. These cards are popular among loyal customers who prefer to stay within the same hotel brand or those looking for exclusive offers and promotions. Closed Loop cards also provide hotels with the advantage of increased customer retention and repeat business, as they encourage brand loyalty. Both types have their unique advantages, with Open Loop cards appealing to a broader audience, while Closed Loop cards cater to specific customer preferences and brand loyalty.

By Price Range:

In terms of price range, the UAE Hotel Gift Cards market is divided into three categories: Low (0-1000 USD), Medium (1000-3000 USD), and High (3000+ USD). The Low-price range segment is the most accessible, making it attractive for consumers looking for budget-friendly gifting options, particularly for casual or short stays, dining experiences, or spa treatments. This segment caters to a wide range of customers, including those seeking affordable gifts for family and friends. The Medium-price range segment is popular among consumers looking for more comprehensive hotel experiences, such as weekend getaways or mid-tier luxury stays, offering a balance between affordability and exclusivity. The High-price range segment caters to high-net-worth individuals and corporate clients who are interested in luxury stays, VIP services, and premium experiences. This segment is driven by the UAE’s status as a luxury travel destination, with many tourists and business professionals opting for exclusive hotel gift cards as a symbol of status or for significant corporate gifting.

Segments:

Based on Product Type:

Universal Accepted Open Loop
Hotel Closed Loop

Based on Price Range:

Low (0-1000 US$)
Medium (1000-3000 US$)

Based on Sales Channel:

Online
Offline

Based on End User:

Business
Individuals

Based on Application:

Holiday Packages
Bar & Spa Services
Sports Activities
Travel & Transportation
Others

Based on the Geography:

Abu Dhabi
Dubai
Sharjah
Ajman
Fujairah
Ras Al Khaimah
Umm Al Quwain

Regional Analysis

Dubai

Dubai holds the largest share, accounting for approximately 45% of the total market. As a major global tourism hub, Dubai offers a wide range of luxury hotels, resorts, and experiences that make hotel gift cards highly appealing to both tourists and residents. The city’s bustling tourism sector, combined with its reputation as a luxury destination, drives a significant portion of hotel gift card sales. Additionally, the presence of multinational corporations and high-net-worth individuals in Dubai contributes to the demand for premium and customizable gift cards. The convenience of digital gift cards, which can be easily purchased and redeemed online, further strengthens Dubai’s dominance in the market.

Abu Dhabi

Abu Dhabi follows closely behind, capturing around 30% of the UAE Hotel Gift Cards market. As the capital of the UAE, Abu Dhabi boasts a growing tourism sector supported by its luxury hotels, cultural attractions, and business conferences. The demand for hotel gift cards in Abu Dhabi is primarily driven by its high-end tourism offerings and a steady flow of international business travelers. The city’s expanding hospitality industry, with an emphasis on unique experiences such as cultural tours, desert adventures, and world-class dining, further fuels the popularity of hotel gift cards. The rise in corporate gifting and incentives also contributes to the market share in Abu Dhabi, with businesses frequently utilizing hotel gift cards for employee rewards and client gifts.

Sharjah, Ajman, and Fujairah

Sharjah, Ajman, and Fujairah represent the remaining 25% of the market, with each region contributing to the overall market share. Sharjah, known for its cultural heritage and family-friendly tourism offerings, holds a share of approximately 12%. Ajman, with its growing appeal as an affordable destination for short stays, commands about 6% of the market. Fujairah, which offers picturesque coastal retreats and nature-based experiences, accounts for around 7%. These regions are seeing increasing interest in hotel gift cards as they enhance the appeal of local hospitality offerings. As demand for domestic tourism continues to rise, hotel gift cards are gaining popularity in these regions, particularly among residents seeking affordable getaway options.

Ras Al Khaimah and Umm Al Quwain

Ras Al Khaimah and Umm Al Quwain contribute smaller shares of the market, with Ras Al Khaimah holding about 5% and Umm Al Quwain around 2%. Both regions offer unique experiences, such as adventure tourism in Ras Al Khaimah and quiet coastal escapes in Umm Al Quwain, though their overall market demand for hotel gift cards remains relatively low compared to Dubai and Abu Dhabi. However, with ongoing developments in their hospitality industries, the potential for growth in these regions is increasing. Hotels in these areas are increasingly leveraging gift cards as a tool to attract tourists, especially those seeking more affordable or off-the-beaten-path destinations.

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Key Player Analysis

YOUGotaGift
Mandarin Oriental
Minor Hotels Europe & Americas
ALL
Hotelgift
Taj Hotels
Hyatt
Airbnb
Expedia Group
Four Seasons & Hotels Resorts
Marriot International
Choice Hotels International
Wyndham Hotels & Resorts
Hilton
Company 14
Company 15
Others

Competitive Analysis

The UAE Hotel Gift Cards market is highly competitive, with several leading players dominating the landscape. Major international hotel chains like Marriott International, Hilton, Hyatt, and Four Seasons & Hotels Resorts have significant market influence, offering customized gift card packages for various services such as hotel stays, dining, and exclusive experiences. These brands focus on enhancing customer loyalty by providing high-quality and unique offerings that appeal to both international and local consumers. Large international hotel chains dominate the market, providing customizable and high-value gift cards that cater to a variety of customer needs, from luxury stays to exclusive dining and wellness experiences. These players typically focus on enhancing customer loyalty by offering personalized and flexible gifting options.

In addition to traditional hotel brands, digital gifting platforms have gained significant traction, allowing consumers to purchase gift cards for a wide array of hotels and services. These platforms appeal to both local and international customers, offering convenience and ease of use. For instance, companies like YOUGotaGift have seen an increased uptake in digital gift card purchases, reflecting a broader consumer trend toward digital solutions that offer convenience and personalization. The competitive landscape also includes players who focus on niche markets, such as luxury or budget-friendly hotels, with tailored offerings to suit diverse customer segments. While the market benefits from a growing demand for experiential gifting, it faces challenges such as market saturation and competition from other gift options, like retail or experience-based gifts. To maintain a competitive edge, companies are increasingly relying on digital transformation, personalization, and innovative offerings to attract a wider audience and enhance customer satisfaction.

Recent Developments

In November 2024, Four Seasons Silicon Valley highlighted their gift cards as a way to give unforgettable experiences, such as exceptional stays, wellness treatments, and dining.
In October 2024, Four Seasons Hotels and Resorts promoted their gift cards as a versatile gift option, redeemable at any Four Seasons location.
In September 2024, the Marriott Bonvoy HDFC Bank Credit Card offered a limited-time INR 1,500 gift voucher for new cardholders on their first spend and enrollment.
In March 2024, Hyatt implemented hotel category adjustments that impact the number of points required for free night redemptions.

Market Concentration & Characteristics

The UAE Hotel Gift Cards market exhibits moderate concentration, with a blend of dominant international hotel chains and emerging digital platforms. Large hotel brands with a global presence hold a significant portion of the market share, offering diverse gift card options to attract both luxury and mid-tier customers. These brands focus on customer retention through tailored and high-value gift cards that enhance the overall travel experience. On the other hand, digital platforms, which allow consumers to purchase gift cards from multiple hotels, are gaining traction by offering flexibility and convenience. The market is characterized by a growing demand for personalized and experiential gifting, with an emphasis on customized packages for special occasions. Despite market concentration, competition is intensifying, especially with the rise of alternative gift options and regional players. As the market matures, key players are increasingly adopting digital solutions and expanding their product portfolios to maintain a competitive edge

Report Coverage

The research report offers an in-depth analysis based on Product Type, Price Range, Sales Channel, End User, Application and Geography. It details leading market players, providing an overview of their business, product offerings, investments, revenue streams, and key applications. Additionally, the report includes insights into the competitive environment, SWOT analysis, current market trends, as well as the primary drivers and constraints. Furthermore, it discusses various factors that have driven market expansion in recent years. The report also explores market dynamics, regulatory scenarios, and technological advancements that are shaping the industry. It assesses the impact of external factors and global economic changes on market growth. Lastly, it provides strategic recommendations for new entrants and established companies to navigate the complexities of the market.

Future Outlook

The UAE Hotel Gift Cards market is expected to continue growing at a strong pace, driven by increasing demand for personalized and experiential gifting options.
Digital transformation will play a key role in shaping the future, with e-gift cards becoming more popular due to their convenience and ease of use.
The growing trend of luxury and unique experiences will fuel demand for higher-value hotel gift cards, catering to affluent consumers.
Corporate gifting and incentive programs will expand, contributing to a significant portion of the market growth.
Hotel gift cards will increasingly be integrated into loyalty programs, encouraging customer retention and repeat bookings.
The rise in domestic tourism will boost the popularity of hotel gift cards, especially for staycations and local experiences.
The introduction of co-branded gift cards with hotels and other service providers will open new avenues for market growth.
A focus on customization and exclusive offers will be key to attracting customers in an increasingly competitive market.
Hotels will expand their gift card offerings to include a broader range of services, from dining to wellness experiences.
The overall market will become more fragmented as regional players continue to innovate and introduce new products to cater to specific customer needs.

CHAPTER NO. 1 : INTRODUCTION 19

1.1.1. Report Description 19

Purpose of the Report 19

USP & Key Offerings 19

1.1.2. Key Benefits for Stakeholders 19

1.1.3. Target Audience 20

1.1.4. Report Scope 20

CHAPTER NO. 2 : EXECUTIVE SUMMARY 21

2.1. Hotel Gift Cards Market Snapshot 21

2.1.1. UAE Hotel Gift Cards Market, 2018 – 2032 (USD Million) 22

2.1. Insights from Primary Respondents 22

CHAPTER NO. 3 : GEOPOLITICAL CRISIS IMPACT ANALYSIS 23

3.1. Russia-Ukraine and Israel-Palestine War Impacts 23

CHAPTER NO. 4 : HOTEL GIFT CARDS MARKET – INDUSTRY ANALYSIS 24

4.1. Introduction 24

4.2. Market Drivers 25

4.2.1. Driving Factor 1 Analysis 25

4.2.2. Driving Factor 2 Analysis 26

4.3. Market Restraints 27

4.3.1. Restraining Factor Analysis 27

4.4. Market Opportunities 28

4.4.1. Market Opportunity Analysis 28

4.5. Porter’s Five Force analysis 29

4.6. Buying Criteria 30

CHAPTER NO. 5 : ANALYSIS COMPETITIVE LANDSCAPE 31

5.1. Company Market Share Analysis – 2023 31

5.1.1. UAE Hotel Gift Cards Market: Company Market Share, by Revenue, 2023 31

5.1.2. UAE Hotel Gift Cards Market: Top 6 Company Market Share, by Revenue, 2023 31

5.1.3. UAE Hotel Gift Cards Market: Top 3 Company Market Share, by Revenue, 2023 32

5.2. UAE Hotel Gift Cards Market Company Revenue Market Share, 2023 33

5.3. Company Assessment Metrics, 2023 34

5.3.1. Stars 34

5.3.2. Emerging Leaders 34

5.3.3. Pervasive Players 34

5.3.4. Participants 34

5.4. Start-ups /Individuals Assessment Metrics, 2023 34

5.4.1. Progressive Companies 34

5.4.2. Responsive Companies 34

5.4.3. Dynamic Companies 34

5.4.4. Starting Blocks 34

5.5. Strategic Developments 35

5.5.1. Acquisitions & Mergers 35

New Price Range Launch 35

Regional Expansion 35

5.6. Key Players Price Range Matrix 36

CHAPTER NO. 6 : PESTEL & ADJACENT MARKET ANALYSIS 37

6.1. PESTEL 37

6.1.1. Political Factors 37

6.1.2. Economic Factors 37

6.1.3. Social Factors 37

6.1.4. Technological Factors 37

6.1.5. Environmental Factors 37

6.1.6. Legal Factors 37

6.2. Adjacent Market Analysis 37

CHAPTER NO. 7 : HOTEL GIFT CARDS MARKET – BY PRODUCT TYPE SEGMENT ANALYSIS 38

7.1. Hotel Gift Cards Market Overview, by Product Type Segment 38

7.1.1. Hotel Gift Cards Market Revenue Share, By Product Type, 2023 & 2032 39

7.1.2. Hotel Gift Cards Market Attractiveness Analysis, By Product Type 40

7.1.3. Incremental Revenue Growth Opportunity, by Product Type, 2024 – 2032 40

7.1.4. Hotel Gift Cards Market Revenue, By Product Type, 2018, 2023, 2027 & 2032 41

7.2. Universal Accepted Open Loop 42

7.3. Hotel Closed Loop 43

CHAPTER NO. 8 : HOTEL GIFT CARDS MARKET – BY PRICE RANGE SEGMENT ANALYSIS 44

8.1. Hotel Gift Cards Market Overview, by Price Range Segment 44

8.1.1. Hotel Gift Cards Market Revenue Share, By Price Range, 2023 & 2032 45

8.1.2. Hotel Gift Cards Market Attractiveness Analysis, By Price Range 46

8.1.3. Incremental Revenue Growth Opportunity, by Price Range, 2024 – 2032 46

8.1.4. Hotel Gift Cards Market Revenue, By Price Range, 2018, 2023, 2027 & 2032 47

8.2. Low (0-1000 US$) 48

8.3. Medium (1000-3000 US$) 49

CHAPTER NO. 9 : HOTEL GIFT CARDS MARKET – BY SALES CHANNEL SEGMENT ANALYSIS 50

9.1. Hotel Gift Cards Market Overview, by Sales Channel Segment 50

9.1.1. Hotel Gift Cards Market Revenue Share, By Sales Channel, 2023 & 2032 51

9.1.2. Hotel Gift Cards Market Attractiveness Analysis, By Sales Channel 52

9.1.3. Incremental Revenue Growth Opportunity, by Sales Channel, 2024 – 2032 52

9.1.4. Hotel Gift Cards Market Revenue, By Sales Channel, 2018, 2023, 2027 & 2032 53

9.2. Online 54

9.3. Offline 55

CHAPTER NO. 10 : HOTEL GIFT CARDS MARKET – BY END USER SEGMENT ANALYSIS 56

10.1. Hotel Gift Cards Market Overview, by End User Segment 56

10.1.1. Hotel Gift Cards Market Revenue Share, By End User, 2023 & 2032 57

10.1.2. Hotel Gift Cards Market Attractiveness Analysis, By End User 58

10.1.3. Incremental Revenue Growth Opportunity, by End User, 2024 – 2032 58

10.1.4. Hotel Gift Cards Market Revenue, By End User, 2018, 2023, 2027 & 2032 59

10.2. Business 60

10.3. Individuals 61

CHAPTER NO. 11 : HOTEL GIFT CARDS MARKET – BY APPLICATION SEGMENT ANALYSIS 62

11.1. Hotel Gift Cards Market Overview, by Application Segment 62

11.1.1. Hotel Gift Cards Market Revenue Share, By Application, 2023 & 2032 63

11.1.2. Hotel Gift Cards Market Attractiveness Analysis, By Application 64

11.1.3. Incremental Revenue Growth Opportunity, by Application, 2024 – 2032 64

11.1.4. Hotel Gift Cards Market Revenue, By Application, 2018, 2023, 2027 & 2032 65

11.2. Holiday Packages 66

11.3. Bar & Spa Services 67

11.4. Sports Activities 68

11.5. Travel & Transportation 69

11.6. Others 70

CHAPTER NO. 12 : HOTEL GIFT CARDS MARKET – UAE 71

12.1. UAE 71

12.1.1. Key Highlights 71

12.2. Product Type 72

12.3. UAE Hotel Gift Cards Market Revenue, By Product Type, 2018 – 2023 (USD Million) 72

12.4. UAE Hotel Gift Cards Market Revenue, By Product Type, 2024 – 2032 (USD Million) 72

12.5. Price Range 73

12.6. UAE Hotel Gift Cards Market Revenue, By Price Range, 2018 – 2023 (USD Million) 73

12.6.1. UAE Hotel Gift Cards Market Revenue, By Price Range, 2024 – 2032 (USD Million) 73

12.7. Sales Channel 74

12.8. UAE Hotel Gift Cards Market Revenue, By Sales Channel, 2018 – 2023 (USD Million) 74

12.8.1. UAE Hotel Gift Cards Market Revenue, By Sales Channel, 2024 – 2032 (USD Million) 74

12.9. End User 75

12.9.1. UAE Hotel Gift Cards Market Revenue, By End User, 2018 – 2023 (USD Million) 75

12.9.2. UAE Hotel Gift Cards Market Revenue, By End User, 2024 – 2032 (USD Million) 75

12.10. Application 76

12.10.1. UAE Hotel Gift Cards Market Revenue, By Application, 2018 – 2023 (USD Million) 76

12.10.2. UAE Hotel Gift Cards Market Revenue, By Application, 2024 – 2032 (USD Million) 76

CHAPTER NO. 13 : COMPANY PROFILES 77

13.1. YOUGotaGift 77

13.1.1. Company Overview 77

13.1.2. Price Range Portfolio 77

13.1.3. Swot Analysis 77

13.1.4. Business Strategy 78

13.1.5. Financial Overview 78

13.2. Mandarin Oriental 79

13.3. Minor Hotels Europe & Americas 79

13.4. ALL 79

13.5. Hotelgift 79

13.6. Taj Hotels 79

13.7. Hyatt 79

13.8. Airbnb 79

13.9. Expedia Group 79

13.10. Four Seasons & Hotels Resorts 79

13.11. Marriot International 79

13.12. Choice Hotels International 79

13.13. Wyndham Hotels & Resorts 79

13.14. Hilton 79

13.15. Company 14 79

13.16. Company 15 79

13.17. Others 79

List of Figures

FIG NO. 1. UAE Hotel Gift Cards Market Revenue, 2018 – 2032 (USD Million) 22

FIG NO. 2. Porter’s Five Forces Analysis for UAE Hotel Gift Cards Market 29

FIG NO. 3. Company Share Analysis, 2023 31

FIG NO. 4. Company Share Analysis, 2023 31

FIG NO. 5. Company Share Analysis, 2023 32

FIG NO. 6. Hotel Gift Cards Market – Company Revenue Market Share, 2023 33

FIG NO. 7. Hotel Gift Cards Market Revenue Share, By Product Type, 2023 & 2032 39

FIG NO. 8. Market Attractiveness Analysis, By Product Type 40

FIG NO. 9. Incremental Revenue Growth Opportunity by Product Type, 2024 – 2032 40

FIG NO. 10. Hotel Gift Cards Market Revenue, By Product Type, 2018, 2023, 2027 & 2032 41

FIG NO. 11. UAE Hotel Gift Cards Market for Universal Accepted Open Loop, Revenue (USD Million) 2018 – 2032 42

FIG NO. 12. UAE Hotel Gift Cards Market for Hotel Closed Loop, Revenue (USD Million) 2018 – 2032 43

FIG NO. 13. Hotel Gift Cards Market Revenue Share, By Price Range, 2023 & 2032 45

FIG NO. 14. Market Attractiveness Analysis, By Price Range 46

FIG NO. 15. Incremental Revenue Growth Opportunity by Price Range, 2024 – 2032 46

FIG NO. 16. Hotel Gift Cards Market Revenue, By Price Range, 2018, 2023, 2027 & 2032 47

FIG NO. 17. UAE Hotel Gift Cards Market for Low (0-1000 US$), Revenue (USD Million) 2018 – 2032 48

FIG NO. 18. UAE Hotel Gift Cards Market for Medium (1000-3000 US$), Revenue (USD Million) 2018 – 2032 49

FIG NO. 19. Hotel Gift Cards Market Revenue Share, By Sales Channel, 2023 & 2032 51

FIG NO. 20. Market Attractiveness Analysis, By Sales Channel 52

FIG NO. 21. Incremental Revenue Growth Opportunity by Sales Channel, 2024 – 2032 52

FIG NO. 22. Hotel Gift Cards Market Revenue, By Sales Channel, 2018, 2023, 2027 & 2032 53

FIG NO. 23. UAE Hotel Gift Cards Market for Online, Revenue (USD Million) 2018 – 2032 54

FIG NO. 24. UAE Hotel Gift Cards Market for Offline, Revenue (USD Million) 2018 – 2032 55

FIG NO. 25. Hotel Gift Cards Market Revenue Share, By End User, 2023 & 2032 57

FIG NO. 26. Market Attractiveness Analysis, By End User 58

FIG NO. 27. Incremental Revenue Growth Opportunity by End User, 2024 – 2032 58

FIG NO. 28. Hotel Gift Cards Market Revenue, By End User, 2018, 2023, 2027 & 2032 59

FIG NO. 29. UAE Hotel Gift Cards Market for Business, Revenue (USD Million) 2018 – 2032 60

FIG NO. 30. UAE Hotel Gift Cards Market for Individuals, Revenue (USD Million) 2018 – 2032 61

FIG NO. 31. Hotel Gift Cards Market Revenue Share, By Application, 2023 & 2032 63

FIG NO. 32. Market Attractiveness Analysis, By Application 64

FIG NO. 33. Incremental Revenue Growth Opportunity by Application, 2024 – 2032 64

FIG NO. 34. Hotel Gift Cards Market Revenue, By Application, 2018, 2023, 2027 & 2032 65

FIG NO. 35. UAE Hotel Gift Cards Market for Holiday Packages, Revenue (USD Million) 2018 – 2032 66

FIG NO. 36. UAE Hotel Gift Cards Market for Bar & Spa Services, Revenue (USD Million) 2018 – 2032 67

FIG NO. 37. UAE Hotel Gift Cards Market for Sports Activities, Revenue (USD Million) 2018 – 2032 68

FIG NO. 38. UAE Hotel Gift Cards Market for Travel & Transportation, Revenue (USD Million) 2018 – 2032 69

FIG NO. 39. UAE Hotel Gift Cards Market for Others, Revenue (USD Million) 2018 – 2032 70

FIG NO. 40. UAE Hotel Gift Cards Market Revenue, 2018 – 2032 (USD Million) 71

List of Tables

TABLE NO. 1. : UAE Hotel Gift Cards Market: Snapshot 21

TABLE NO. 2. : Drivers for the Hotel Gift Cards Market: Impact Analysis 25

TABLE NO. 3. : Restraints for the Hotel Gift Cards Market: Impact Analysis 27

TABLE NO. 4. : UAE Hotel Gift Cards Market Revenue, By Product Type, 2018 – 2023 (USD Million) 72

TABLE NO. 5. : UAE Hotel Gift Cards Market Revenue, By Product Type, 2024 – 2032 (USD Million) 72

TABLE NO. 6. : UAE Hotel Gift Cards Market Revenue, By Price Range, 2018 – 2023 (USD Million) 73

TABLE NO. 7. : UAE Hotel Gift Cards Market Revenue, By Price Range, 2024 – 2032 (USD Million) 73

TABLE NO. 8. : UAE Hotel Gift Cards Market Revenue, By Sales Channel, 2018 – 2023 (USD Million) 74

TABLE NO. 9. : UAE Hotel Gift Cards Market Revenue, By Sales Channel, 2024 – 2032 (USD Million) 74

TABLE NO. 10. : UAE Hotel Gift Cards Market Revenue, By End User, 2018 – 2023 (USD Million) 75

TABLE NO. 11. : UAE Hotel Gift Cards Market Revenue, By End User, 2024 – 2032 (USD Million) 75

TABLE NO. 12. : UAE Hotel Gift Cards Market Revenue, By Application, 2018 – 2023 (USD Million) 76

TABLE NO. 13. : UAE Hotel Gift Cards Market Revenue, By Application, 2024 – 2032 (USD Million) 76

Frequently Asked Questions

What is the current size of the UAE Hotel Gift Cards market?

The UAE Hotel Gift Cards market was valued at USD 134.60 million in 2023 and is projected to reach USD 326.88 million by 2032, growing at a CAGR of 10.3% during the forecast period.

What factors are driving the growth of the UAE Hotel Gift Cards market?

hospitality sector expansion, increased adoption of digital and e-gift cards, integration with hotel loyalty programs, and the growing trend of experiential gifting.

What are some challenges faced by the UAE Hotel Gift Cards market?

Challenges include limited consumer awareness, competition from other gifting options, market saturation, potential security risks associated with digital transactions, and the need for greater redemption flexibility among hotel brands.

Who are the major players in the UAE Hotel Gift Cards market?

Key players include YOUGotaGift, Marriott International, Hilton, Hyatt, Four Seasons & Hotels Resorts, Hotelgift, Airbnb, Expedia Group, Taj Hotels, Minor Hotels Europe & Americas, Wyndham Hotels & Resorts, and Choice Hotels International

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