Dubai: Anwar Daoud
The tourism sector in Dubai witnessed the opening of 14 new hotel facilities during the first four months of 2022, as the series of new hotel openings that strengthened the city’s position as a global tourist destination and a preferred destination for investors in the hospitality sector continued.
Over the past years, Dubai was able to build an integrated hotel sector that meets the needs of various segments of international and local tourists, from luxurious 5-star hotels to medium and economic hotel establishments. Historically, the hotel sector in Dubai recorded a strong growth in the number of available rooms, as it jumped by 65% from 2013 to April 2022, which is equivalent to 55,000 hotel rooms that entered the market in nearly 8 and a half years.
Data from the Department of Economy and Tourism in Dubai showed that the number of hotel establishments in Dubai increased by 14 new establishments to reach 769 establishments at the end of April 2022, compared to 755 hotel establishments at the end of December 2021.
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7 budget hotels and 5 luxury hotels
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According to the data, the new hotel establishments that entered the Dubai market since the beginning of this year were distributed between 3 five-star hotels and two four-star hotels, while the largest increase was within the economic and medium-level hotel establishments from one star to three star categories with 7 Facilities. The city also witnessed the opening of two medium-level hotel apartments.
The data showed that the hotel sector in Dubai recorded a growth in capacity during 4 months by regarding 2386 hotel rooms to reach 140,336 rooms and hotel apartments at the end of April, compared to 137,750 hotel rooms and apartments at the end of December 2021.
6.2% sector growth in two years
The Department of Economy and Tourism in Dubai had expected the capacity of Dubai hotels to increase by the equivalent of 8,500 new hotel rooms until 2023, and according to the annual report, the market is expected to grow by 6.2% within two years. She added that 4-star hotel rooms are expected to register an annual growth rate of 4% from 2021 to 2023, while hotel apartments are expected to grow by 12% during the same comparison period, compared to growth levels of 2%. Only for luxury five-star hotel projects.
