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?
The enthusiasm for building new hotels in Dubai precedes by at least a year the announcement in late November 2013 that the emirate had won the right to stage World Expo 2020. An increase in foreign visitors had already created demand for more rooms in both hotels and hotel apartments. Christopher Hewett, senior consultant at TRI Hospitality...
The emirate’s reputation for novelty and unique attractions has produced things such as an indoor ski slope in a country where summer temperatures can rise to about 50° C. The can-do spirit of Dubai has determined to produce a clutch of giant theme parks, the world’s biggest Ferris wheel, a replica of the Taj Mahal four times the size of the...
The total number of visitors to Dubai in the first nine months of 2013 was 7.9m, and the emirate has set itself a target of reaching 20m visitors per year by 2020. The emirate received a major boost towards achieving this goal when its bid to host World Expo 2020 was accepted in November 2013. Of the anticipated 25m World Expo visitors between October 2020 and April 2021, it is forecast that...
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