Expo driving hotel growth
The Middle East is experiencing a hotel construction boom, as the region prepares to host a series of major cultural events, the Hotel Show Dubai has heard. In total, 190 of hotel projects are in the pipeline in the UAE, with 48 in Qatar and 142 under development in Saudi Arabia, according to data from consultants Top Hotel Projects. Workshops at the industry event at Dubai World Trade Centre yesterday discussed the impact of the upcoming Expo 2020 and the 2022 FIFA World Cup in Qatar. Delegate Jimmy Joseph, Director of Hospitality at hotel supplier CADD Emirates, which supplies technology services to hotels, said: “Expo 2020 will drive a lot of traffic into this market. “And unfortunately, with what is happening around the Middle East, a lot of tourism is coming into Dubai. Dubai is the right market to offer what Egypt, Greece and Turkey used to offer. It’s a similar type of destination.” Figures released by Deloitte yesterday also found hotel occupancy in the emirate sat at about 76 per cent in July, up about 3.5 per cent in the same month in 2015.
GROWING: A hotel building boom is planned