Saturday 14 July 2012

Abu Dhabi facing oversupply of hotels with new developments - Select Property

There has already been a decrease in the occupancy of hotel rooms which could further decrease with the addition of new developments.
Around 20 new hotels are expected to open in and around Abu Dhabi over the next few years according to TRI Hospitality Consulting.

There is expected to be at least five hotels of the Marriott chain as well as five by Rotana however, there is said to be an oversupply of rooms available, which analysts expect will continue until the demand starts to catch up.

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