Dubai hotel industry booming

19/02/2012 - Dubai Property News
Dubai hotel industry booming

New industry statistics reveal Dubai’s hotel market is positively thriving. Twenty-seven new hotels are set to open across the city this year, with a further 12 in the pipeline for 2013, according to the emirate’s Department of Tourism and Commerce Marketing (DTCM). The figures from DTCM highlight the phenomenal growth of the emirate’s hotel industry. Back in 2000, a total of 2.38 million hotel guests stayed in Dubai, and by 2010 this number had risen to 8.29 million, with guest numbers up by 10.9% in the first quarter of 2011. By December 2011, Dubai had a total of 573 hotels and hotel apartments.

Amongst the new properties set to open this year are The First Group’s hotel apartment projects in Tecom, Metro Central and Grand Central. Other international hotel brands such as Hilton Worldwide, Kempinski, Starwood and Marriot will also be adding to their hotel portfolio in Dubai, proving the city continues to be a highly attractive location for worldwide hotel expansion.