Dubai has reached the 100,000 hotel room milestone and is expecting 34,000 new room additions in the next two years, the Department of Tourism and Commerce Marketing (DTCM) said, reported Arabian Business.
The latest milestone was accomplished following the opening of the Westin Dubai Al Habtoor City in August.
The tourism body has previously forecast the need for continued industry pipeline growth at the rate of 12% between 2015 and 2018 to sustain a competitive market.
“For the hotel sector, high demand from international travellers, and the consequent growth in tourism volumes, has been the cornerstone of fostering continued investment in supply enhancement, which has seen us cross this historic 100,000-room threshold,” DTCM director general Helal Al Merri said in a statement.
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Occupied room nights in hotels and hotel apartments reached 35.9 million, representing a 10.8% compound annual growth rate from end-2015 to end-2018.
Occupancy rates will reach 77% while length of stay will increase to four days by 2018, DTCM said.
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