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Q1 sees huge boost to Dubai?¢‚Ǩ‚Ñ¢s hotel and tourism industry

08/10/2012 - Dubai Investment News
Dubai property investment opportunity - The First Group
Q1 sees huge boost to Dubai?¢‚Ǩ‚Ñ¢s hotel and tourism industry

Dubai’s hotels welcomed 10% more guests in the first half of this year, thanks to the arrival of over five million tourists. According to the Department of Tourism and Commerce Marketing (DTCM), this influx of visitors saw hotel revenues soar by 22% to $2.64 billion in Q1. The total number of nights stayed by all these guest in Dubai’s hotels and hotel apartments shot to 19.2 million; an increase of 18% compared to the same period last year.

The popularity of fully serviced hotel apartments such as The First Group’s latest development, TFG Marina Hotel in Dubai Marina, also rose in Q1. The average length of stay for this type of accommodation rose from 4.9 nights to 5.6, while stays in a standard hotel room increased from 3.2 to 3.4 nights.  

Dubai property investment opportunity - The First Group



    
    
       
	
    
	
	
    
    
    
    

    
    
    
    
    
    
    
   	
	
    
    
    
    

    
    



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