Palm Jumeirah to get first budget hotel next year

September 1, 2014 9:25 am

Dubai-based Byblos Hospitality plans to develop the low cost Palm Jumeirah Hotel on the man-made islands, in a project worth less than $50m, The National reports. The 144-room property is expected to be a four-star hotel, Hotelier Middleeast “The Palm Jumeirah property will cater to tourists mainly but also to meetings and events [sector],” Jean Samman, the chairman of Byblos Hospitality, told the paper. “Most of the beach hotels are five-star properties but with the new destinations that [Dubai’s Department of Tourism and Commerce Marketing] and Emirates Airlines have opened up for Dubai, the tourist volumes have increased and budget accommodations are needed now; moreover, four-star hotels do not need huge investments.”