Dubai tops in MEA with 96 new hotels: Report
Dubai is leading the Middle East and Africa region in new hotel developments with 96 total projects and 36,523 rooms in the pipeline, according to a new report.
The city has outperformed others in the region in hotel openings for past three years. It is expected to host more than 100,000 hotel rooms by 2020, up from the 65,000 currently available, as hospitality activity in the emirate is now at an “all-time high”, reveals a report published by TOPHOTELPROJECTS for the upcoming “The Hotel Show Dubai 2015”.
“With TOPHOTELPROJECTS reporting a record total of 694 hotel projects currently underway in the Middle East and Africa, set to add 188,817 rooms to the market over the coming years, the majority before 2020, this is an exciting time for our industry and market,” says Christine Davidson, Event Director of The Hotel Show Dubai, the largest event for the hospitality industry in the MEA region.
The report forecasts that 2017 will be the busiest year for Dubai hotels, with 30 projects opening to the public.
Dubai’s first fully solar-powered hotel, Hotel Indigo Dubai in The Sustainable City and its first Mandarin Oriental and Bvlgari luxury hotels are set to open in 2017.
The major Dubai Pearl development, a “mix of six innovative 5-Star hotels” is reported to launch in early-2018 including Dubai’s first MGM Grand and Bellagio hotels, brands made famous by the Las Vegas Strip.
Other hot spots are Morocco with 46 active projects, Riyadh with 43 and Doha with 38, following closely behind Dubai. Of a total of almost 700 hotel projects in the pipeline for the MEA region, 528 are listed as being in the pre-planning, planning and construction stages, with local and international investors now requiring the materials to build across technology and security, interiors as well as food services.