Dubai Hotels In Rising Numbers
By: AlexDubai | Posted: 08th November 2007
A new report by property consultant Colliers International has found that occupancy rates and room prices in Dubai's hotels are likely to drop in 2008 as more hotels come onto the market, reported Khaleej Times.
Some 1,294 rooms were added to Dubai's hotel room inventory between 2006 and the third quarter of 2007 as six new four and five star hotels were completed. Another 30 hotels slated for delivery this year remain under construction.
Hotels in Dubai have always reported strong occupancy, especially during the peak summer seasons. However, the new emerging trend is that of an increased number of travelers from within the Gulf region.
Until recently, Gulf travelers constituted up to 25 % of the clientele in Dubai hotels, most of these having their annual summer breaks. However, this has gone up to 50% in the recent months.
Most hotels and hotel apartments report of occupancies that may lie in excess of 80 to 90 percent. One might say therefore how exhausted Dubai hotels could be finding it to continue as a business today, and how urgently they need to be given more three and four star hotels by the real estate firms.
Among the most exclusive Dubai Holes features The Burj Al Arab, considered one of the world’s best hotels, is located on its own island about 1,000 feet offshore from Dubai.
Built in the shape of a ship's sail, this monument to modern design and deep pockets holds 202 suites on 28 double-height floors. The hotel's taller than the Eiffel Tower and nearly as sky-scraping as the Empire State Building. Expect over-the-top luxury here.
At his Dubai hotel the fountains in the lobby change flow pattern and colors every few minutes, the top-floor indoor spa (with treatment rooms segregated by gender) has a pool that looks out over the ocean, and one of the restaurants is built around an indoor aquarium.
Dubai has got no other alternative but to begin re-looking at its policies; hence the rising demand for less expensive hotels now
Alessandro Dubaldo is the managing director at Dubaifurnishedapartments offering a wide selection of Dubai Hotels and Hotels in Dubai on short term rental on daily, weekly or monthly basis.
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Tags: business today, empire state building, eiffel tower, fountains, deep pockets, five star hotels, four star hotels, occupancy rates, property consultant, summer seasons, hotel apartments, peak summer, burj al arab, dubai hotel