Over half of the Gulf’s projected hotel pipeline is currently under construction in the UAE but while Dubai is likely to be able to maintain its occupancy levels, Abu Dhabi is expected to struggle amid oversaturation.
Around 57 percent of the GCC’s projected hotel pipeline is in the UAE with an estimated 38,318 rooms set to come online over the next three years, according to data compiled by STR Global and Christie + Co.
“It’s very much a tale of two cities…Dubai saw most of its growth in the pre-crisis years whereas Abu Dhabi saw its growth during the crisis years,” said Gavin Samson, managing director at Christie + Co MENA.
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