Dubai prepares for Expo 2020 and add guestrooms by this year end

Published on : Wednesday, January 9, 2019

Dubai’s Expo 2020 is coming closer, and the emirate is looking to have 132,000 guestrooms by the end of this year and 164,000 by the time the festivities commence.

 

 

Other emirates in the UAE also are witnessing increased interest from developers.

 

To quote Olivier Harnisch, the CEO of Emaar Hospitality Group, “There are a lot of hotel openings scheduled in 2019 and we expect tourism to grow by 5 percent to 6 percent during the year.” He added, “Right now, everybody is preparing for Expo 2020. The big change that we will see in the industry will be a more noticeable shift toward new markets; the Chinese, Indian and Russian markets will continue to be important in the coming months. Dubai is the fourth most-visited city in the world and moving forward, we can safely say that we have great ambitions for the hospitality sector.”

 

The UAE as a whole received approximately 8,000 new branded hotel rooms last year. Hotel supply is expected to increase by 13.3 percent in Dubai, with a compound annual growth rate of 10.2 percent in occupied room nights reaching 35.5 million annually in 2019.

 

However, Dubai isn’t the only emirate to be eyed by the developers. Other emirates are seeing increased interest from developers, and local governments are taking important steps to attract new deals. In December, Ras Al Khaimah’s Tourism Development Authority launched a three-year strategy for diversifying the emirate’s tourism platform and attracting broader demographics.

 

Most notably, the emirate is planning to add 5,000 guestrooms to its existing supply of 6,500, bringing in brands like Marriott, Mövenpick, Sheraton, Anantara, Rezidor, InterContinental and Conrad over the next three years. The first Conrad is expected to open in 2022.

 

“As our tourism offering evolves in Ras Al Khaimah, we must ensure our destination is attractive to travelers who wish to explore beyond the resorts and hotels,” said RAKTDA CEO Haitham Mattar.

 

Tags:

Leave a Reply

Your email address will not be published. Required fields are marked *

arrow2Follow TTW
 
facebook-logo  twitter-logo  LinkedIn_logo  stumbleupon-logo   rss_logo 
ttw_blogger_logo  ttw_blogger_logo  ttw_blogger_logo

ADVERTISEMENT

  • 07 thehotelshowsaudiarabia 2019
  • 07 WTM Africa 2019
  • 09 travelmeetasia 2019
  • 10 Asia Pacific 2019
  • 10 Hotel Management Thailand 2019
  • 11 Bar and Restaurant Investment 19
  • 11 Digital Travel 2019
  • 12 kitf 2019
  • 12 Routes Europe 2019
  • 13 Food Hospitality2019
  • 14 SWTF 2019
  • 15 PATA 2019
  • 17 AITF 18
  • 17 getglobal 19
  • 17 itehk 19
  • 18 UITT 2019
  • 30 PATA

TRAVEL INDUSTRY EVENTS

    1. ibtm ARABIA

      March 25 - March 27
    2. Medical Travel & Wellness Conference 2019

      March 26 - March 28
    3. Deluxe Travel Market Ukraine

      March 26
    4. UITT 2019

      March 27 - March 29
    5. Deluxe Travel Market Kazakhstan

      March 29
Get our toolbar!
Review www.travelandtourworld.com on alexa.com