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Dubai .... to add another 36,523 rooms by 2020

Dubai tops region in hotel development projects

DUBAI, June 24, 2015

Dubai leads the Middle East and Africa (MEA) region in new hotel developments with 96 projects in the pipeline, set to bring in 36,523 rooms, thus taking the UAE emirate's tally to more than 100,000 over the next five years, said a report.

Adding to the existing 65,000 room in the emirate, Dubai’s rapid development intensifies the MEA region’s record total of 694 hotel projects currently under way, which will add 188,817 rooms to the market by 2020, said a report by Tophotelprojects for The Hotel Show Dubai, to be held in September.

The busiest year for Dubai hotels will be 2017, with 30 projects opening to the public. Dubai’s first fully solar-powered hotel, Hotel Indigo Dubai The Sustainable City, and its first Mandarin Oriental and Bulgari luxury hotels are set to open that year.

The major Dubai Pearl development, a “mix of six innovative five-star hotels” is reported to launch in early-2018 including Dubai’s first MGM Grand and Bellagio hotels, brands made famous by the Las Vegas strip.

Other hot spots are Morocco with 46 active projects, Riyadh with 43 and Doha with 38, following closely behind Dubai.

Of almost 700 total hotel projects in the pipeline for the Middle East and Africa, 528 are listed as being in the pre-planning, planning and construction stages, with local and international investors now requiring the materials to build across technology and security, interiors, food services and more.

“Hotel and leisure development, build and investment is significant and set to continue, making Dubai the perfect contract market for global suppliers and investors,” said Christine Davidson, the event director of The Hotel Show Dubai.

“This year, The Hotel Show Dubai has seen the level of interest reflect directly on the exhibition floor with thousands of brands joining us from over 45 countries. With larger pavilions from Turkey, Portugal and China in The International Village for 2015 and a host of new brands on board, we know that The Hotel Show Dubai is providing the largest procurement opportunity in the region.” – TradeArab




Tags: Dubai | project |

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