Wednesday, May 19, 2010

Dubai hotel industry to boom in 2010

WAM) With increasing number of hotels, Dubai's hospitality sector is witnessing a rapid surge after facing the impact of global recession last year, say industry experts.

When most of the global economies, especially the US and Europe, are struggling to shake off the shackles of recession, hoteliers in Dubai see more opportunity with large number of new hotel rooms coming up.

'There are between 16,000 and 20,000 hotel rooms to enter the Dubai market by the end of the year, which will contribute to producing lower room rates and attracting more visitors to Dubai,' said Khalid bin Sulayem, Director General of Dubai Tourism and Commerce (DTCM).

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