Property investors to benefit from DSF

05/01/2012 - Dubai Investment News Posted Bob Brunskill
Property investors to benefit from DSF

Property investors with portfolios in Dubai are set to benefit from increased demand for their services over the coming weeks.That is because the annual Dubai Shopping Festival (DSF), which regularly attracts a large number of visitors, is set to take place for the next 32 days.Indeed, Burkhard Wolter, general manager of Kempinski Hotels & Residences Palm Jumeirah, has claimed that the festival brings an increase in occupancy rates.In an interview with the Khaleej Times he described the DSF as a visionary concept that had achieved the "stature of an international festival and a tourism icon"."We expect no less than 300 occupied rooms per night during the shopping festival," he told the news provider.The festival, which offers discounts and special events, will kick off later tonight (January 5th) with an elaborate fireworks display at 20:30 local time.According to Gulf News, the display will stretch for about 6km - the longest in the history of the festival.