New hotels: Dubai still leads with 96 projects
25 June, 2015
Dubai is leading the Middle East and Africa in new hotel developments, with 96 total projects and 36,523 rooms in the pipeline, a report released on Wednesday said. A Tophotelprojects report said Dubai, which has been the Middle East and Africa’s leading city for hotel openings for the past three years, is now recording an all-time high activity to boost the room capacity by 2020. According to the latest figures issued by Dubai’s Department of Tourism and Commerce Marketing, in 2014 alone, of the 44 new hotels and hotel apartments (comprising 27 hotels and 17 hotel apartments), 13 hotels came from the four-star sector and nine of the new apartments fell into the standard classification. The boom in mid-market hotels was spurred by Dubai Government’s incentives, including a 10 per cent fee waiver.