51% of the hotel projects under construction are of the "luxury" and "5 stars" categories.
STR: 6,517 hotel rooms enter the UAE market within 9 months
The UAE accounts for 40.6% of the total number of hotel rooms in the Middle East.
The latest forecasts issued by the STR Corporation, which specializes in research and hotel consultancy, showed that the UAE market will witness the opening of about 6,517 new hotel rooms during the next nine months, which constitutes about 9% of the total hotel projects that are still "under construction".
According to the institution's data, which "Emirates Today" obtained a copy of, the UAE topped the markets in the Middle East, in terms of the number of new projects that are expected to enter the hotel market during the coming period, noting that there are 72,418 rooms "under construction" that will enter the market. over the next few years.
STR confirmed that the new hotel projects that will be opened in the UAE market will contribute to an increase in the volume of hotel supply by about 36% in the coming years, pointing out that about 68% of these projects are currently under construction, after the completion of the planning stage.
The Foundation explained that about 51% of the hotel projects "under construction" in the UAE market are for luxury and five-star hotels, pointing out that the new projects will continue to raise hotel capacity in the local market in the coming period.
The data indicated that the UAE accounts for about 40.6% of the total number of hotel rooms in the Middle East, which number 187,384 hotel rooms (under construction) in the region.
She pointed out that the Middle East region will witness the opening of 37,400 new rooms during the next nine months, constituting about 21% of the total number of projects under construction and planning, pointing out that 58% of hotel rooms in the region are in the actual construction phase.
According to the data of the Emirates Tourism Council, the number of hotel establishments in the country until the end of March 2021 reached 1096 facilities, while the number of rooms reached about 181.3 thousand hotel rooms.
During the first quarter of this year, hotel and tourist establishments in the UAE attracted four million guests, at a time when the occupancy rate reached 63% during that period.
The average length of stay in hotel establishments during the first quarter of this year 2021 increased by 27.6%, compared to the same period in 2020, to reach 4.3 nights.
In turn, March 2021 witnessed a 34% growth in the number of hotel establishment guests in the country, compared to March 2020.
714 hotel properties
714 hotel properties
The number of hotel rooms in Dubai alone at the end of last April reached 128,12 hotel rooms, among 714 hotel establishments.
Five-star luxury hotel rooms accounted for 35% of the total size of the hotel market in Dubai, after it reached 44,209 hotel rooms, within 133 hotel establishments, followed by four-star hotel rooms, at a rate of 28%, registering 36,000. And 187 hotel rooms, among 164 facilities.
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