Hotel sector to get major boost next year in Dubai

Demand should go up substantially for hotels with meeting rooms Dubai along with hotels offering both leisure and business facilities as per reports. This will be due to the slow yet steady recovery in Dubai’s hospitality sector as per reports. The Gulf Court Hotel Business Bay and other hotels located near major commercial districts of Dubai and attractions like the Burj Khalifa and Dubai Mall, should certainly benefit from the future recovery in Dubai’s hospitality sector. If you are looking for Business Bay restaurants, you will find several of the top picks at the Gulf Court Hotel as well. The hotel comes with 270 impeccably designed rooms in addition to lounges and bars, private karaoke rooms, 6 restaurants and top-notch business and leisure facilities alike. This 4 star hotel and many others are now anticipating a rapid recovery in Dubai’s hospitality sector next year.

New hotels are expected to come up in larger numbers next year prior to the Dubai Expo in order to cater to demand from global and local tourists alike. City hotels, as per industry experts, are forecasted to do better in comparison to hotels on the beachfront since exhibitions, meetings, conferences and incentives or Mice segment should first recover with the steady opening up of the Dubai economy. Dubai has already been rated as the safest place to host global events in future months according to a survey of several professionals in 130 countries that was conducted by Messe Frankfurt. Trade fairs will be playing a major role in a revival of the economy and hospitality sector after COVID-19. Experts state that more than 8,000 hotel keys have been postponed in the UAE owing to the COVID-19 outbreak in 2020. An additional 4,700 keys should come into the UAE hotel sector in H2 2020 provided that the pandemic does not cause any additional delays.

Global tourist demand has recovered steadily in the summer as per several reports and performance in Q4 2020 will be the best indicator of how the hospitality sector is doing in terms of a recovery. Hotel supply should go up by approximately 11% between the years 2020 and 2022 and 26,000 new keys should come into the market as well. City hotels should witness better performance once Mice and corporate travel starts off.

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