As Myanmar’s hotel industry rushes to keep pace with rapidly growing demand, it has a fortunate head start: a large number of projects can be resumed after they were started but became dormant or slow-moving during the country’s long years of isolation. Downtown will be home to the forthcoming Hilton Yangon, a 300-room, five-star hotel set to...
The emirate posted robust economic expansion across all sectors in 2013, and its resilience in the years following the global economic downturn has helped to re-build confidence among the global business community. Dubai has set itself the target of reaching 20m visitors per year by 2020 and the emirate received a major boost to this end when it won the right to host World Expo 2020 in November 2013.
The energy going into providing facilities for tens of millions of foreign visitors is relentless. On the agenda for the next few years are around 16,000 new hotel rooms, running from the height of luxury to several budget accommodations, and half a dozen or more theme parks. Dubai has set itself the target of reaching 20m visitors per year by...
How can Dubai ensure that hotel supply continues to grow but that it does not outpace demand?
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