Thursday 17 April 2014

140 new hotels to open in Dubai by 2016 | GulfNews.com

140 new hotels to open in Dubai by 2016 | GulfNews.com:



"The hotel development pipeline in the Middle East and Africa includes 573 hotels with 137,193 rooms as of March this year, according to the latest report by STR Global, a hotel research firm.



This year is expected to see the opening of 125 hotels with 27,775 rooms, as per the report. The unaffiliated segment is likely to add 7,803 rooms in 30 hotels, followed by the upper upscale segment (6,559 rooms) and the luxury segment (5,980 rooms), as per the firm’s estimates.



STR Global forecasts 130 hotels with 32,142 rooms to open by next year. The majority of the rooms is likely to be in the upper upscale segment (12,507 rooms), followed by the upscale segment (7,689 rooms) and the luxury segment (4,575 rooms)."



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