The emirate of Dubai has officially reached 100,000 rooms across its expanding hotel and hotel apartment inventory.
Dubai surpassed 100,000 rooms following the opening of the Westin Dubai Al Habtoor City in August this year, according to Dubai’s Department of Tourism and Commerce Marketing (DTCM).
DTCM said it expected room nights in the emirate’s hotels and hotel apartments to reached 35.9 million by the end of 2018, representing a compound annual growth rate of 10.8% from the end of 2015.
With demand increasing, overall projected occupancy rates until 2018 are expected to be maintained at approximately 77%.
Tourists in Dubai spend almost twice as much money while visiting Dubai compared to those visiting other major cities, including London or New York, according to the results of a new study released by Core Savills.
Dubai ranked eighth on Savills’ list of the most attractive cities for tourists in 2015, ranking after Paris and before Mumbai and was only Arab city on the list.
“The research shows the highest spending visitors by far, are Dubai’s, who spend nearly twice the average of our 12 cities,” said Core Savills CEO David Godchaux.
“Overseas visitors, who had an overnight stay in the emirate, spent an estimated US $4.7 billion (AED 17.2 billion) in restaurants and cafes in Dubai. In terms of spending on retail, this figure reaches $9.7 billion (AED 35.6 billion). This dwarfs the total amounts spent in the 11 other global cities measured, with Dubai featuring ahead of London, New York, Tokyo and Paris,” he added.
Source: Hotelier Middle East