Dubai Industry News

Dubai is set to hit the 100,000 rooms milestone across its expanding hotel and hotel apartment inventory as the City aims to firmly position itself as a top 10 global destination in terms of available hotel supply.

Over the next three years, Dubai’s Department of Tourism and Commerce Marketing (Dubai Tourism) expects occupied room nights in hotels and hotel apartments to reach 36.9 million representing an 11-12% compound annual growth rate (CAGR) to 2018 end. As such, the overall room supply is expected to reflect similar growth, reaching 138,000 rooms by the end of 2018.

The increase in rooms will feature a number of new concepts in the 3 and 4 star property segment such as the Hilton Garden Inn, Rove Hotels and Hyatt Place, which will continue Dubai’s drive in diversifying the industry to include both mid-market and luxury hotels. The luxury segment will count 25 new properties, including the Viceroy Dubai Palm Jumeirah, Waldorf Astoria and the Shangri-La Palm Tower in addition to the extension of Madinat Jumeirah, which will include a new hotel – Jumeirah Al Naseem – upon completion by the end of the year.