UAE Winter Spending Shows Significant Growth

**UAE Winter Spending Shows Significant Growth** The recent insights from Visa indicate a remarkable 30% growth in winter spending within the United Arab Emirates, showcasing a robust economic recovery and consumer confidence in the region. This uptick is primarily driven by a surge in local travel demand, with staycations rising approximately 35% among Visa premium cardholders. The data also highlights a notable increase in inbound travel spending, particularly from European visitors, who have contributed to a 50% rise in expenditure on Visa premium cards. Such trends not only reflect a positive shift in consumer behavior but also signal a promising outlook for the hospitality and retail sectors in the UAE. The findings underscore the region's attractiveness as a travel destination and the growing propensity of consumers to spend on experiences, thereby enhancing the overall economic landscape. This growth trajectory is critical for stakeholders, including investors and businesses, as it indicates a potential for sustained economic activity and profitability in the coming months.