Tuesday 18 October 2011

Dubai tourism: mixed fortunes | beyondbrics – FT.com

Judging opportunities in Dubai’s tourism market is a tricky business these days.

Tourist numbers are rising, underpinned by 50 per cent annual increases in Chinese visitors who want to grab luxury goods and snaps next to the world’s tallest tower, Burj Khalifa. The Arab uprisings have given the industry another fillip as tourists avoid hotspots such as Egypt, Tunisia and Bahrain.

But more than 2.5m extra tourists will have to arrive annually over the next five years to meet a whopping 60 per cent increase in the number of rooms bequeathed by the emirate’s over-ambitious boom days.

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