or Confirmed for Future Construction
|May 2, 2004 - Dubai has more hotels under construction or planning
today than ever before. According to research by The Consulting House,
a new hotel consulting firm based in Dubai, there are 31 new 5- and 4-star
hotels either being built or confirmed for future construction in the city,
containing a total of 11,770 rooms and suites, plus 1,305 hotel apartments.
“Dubai has a history of rapid growth in its hotel sector, having increased its supply from 167 hotels with 9,383 rooms in 1993 to 272 hotels with 23,170 rooms in 2002, but today’s ‘giant leap’ forward in future supply is quite unprecedented,” said Guy Wilkinson, director of The Consulting House.
“This confirmed growth is in addition to at least 100 other hotels,
which are planned at The Palm, Jebel Ali and Dubailand, for example, for
which details are as yet unconfirmed.”
Atlantis, the Palm
Another skyscraper, the nearby Forex Rotana Suites in the upcoming Dubai
International Financial Centre free zone will offer 480 suites in a 72-storey
The amazing Hydropolis Hotel will become the world’s first underwater
hotel, with 300 rooms and suites at a depth of 20 metres off the Jumeirah
However, it is Dubailand, billed as the future Orlando of the Middle East, which looks set to become the focus of hotel construction, following an announcement that it will contain 50 hotels of 1,000 rooms each.
“Dubai has the hottest hotel market on the planet,” concluded Wilkinson.
“The critical mass of new developments is creating a chain reaction, from
a current construction boom to a future tourism boom. The shere number
of foreign companies involved in these projects confirms their belief in
Dubai’s future status as one of the world’s major players in the hotel
and tourism sectors.”
The Consulting House is a management consulting firm established at Dubai Media City in 2003 to provide research, analysis, planning, management and operational advisory services for developers, owners and operators of commercial and residential properties in the Gulf and wider Middle East regions.
|Also See:||Dubai and Mauritius the Top Two Long Haul Destinations from the UK; Have Displaced the Caribbean and Canary Islands / March 2004|
|George Markantonis Named Chief Executive Officer of Kerzner's Atlantis, The Palm, Dubai / January 2004|