The emirate is preparing for 68 luxury 5-star hotel projects "under implementation".
Dubai witnesses the opening of 58 hotel projects with 18.5 thousand rooms during 2022
5-star luxury hotel rooms account for 34% of the total hotel market in Dubai.
archival
The Top Hotel Corporation, which specializes in data for new hotel projects, stated that its database (TOPHOTELPROJECTS) for new hotel projects showed that the number of hotel projects “under construction” in Dubai reached 118 new projects that are expected to enter the hotel market until 2025. , with a total capacity of 35,450 hotel rooms.
Anticipated projects
The Foundation stated that about half of the planned development projects in the emirate are scheduled to be completed this year, pointing out that its data indicate that 58 projects, comprising a total of 18,543 new rooms, will be ready before the end of 2022, while 32 other projects are expected to follow. It will have 9,345 hotel rooms in 2023.
Looking to the future, the Foundation explained that seven projects with a capacity of 1,761 hotel rooms are also scheduled to be launched in 2024, in addition to 21 hotels with a capacity of 5,801 hotel rooms, which are expected to open in 2025 and beyond.
luxury hotels
Top Hotel confirmed that Dubai already has a large number of five-star hotel projects "in progress", more than those classified in the four-star category, noting that this is very rare in other markets around the world.
She explained that there are 68 luxury hotel projects comprising a total of 21,576 hotel rooms in Dubai, compared to only 50 projects comprising 13,874 rooms for four-star hotel establishments.
The Foundation stated that about 20% of the total hotel projects under construction, within the various categories, are in the final stage, i.e. before opening, compared to 54% of projects that are currently under construction and implementation, compared to other projects in the planning and initial planning stage.
New hotels
According to aggregated data, the hotel market in Dubai witnessed the opening of 10 new hotels within three months, during the period between October and December of the year 2020, in light of the pandemic of the Corona virus “Covid 19”, while the total number of hotel rooms in these establishments that were distributed in various regions to 3278 hotel rooms.
Dubai witnessed the opening of 30 hotels in 2021, with a capacity of 9,000 new hotel rooms in various categories during the past year, as part of the expansions carried out by various hotel brands to open their facilities with the hosting of the Expo 2020 Dubai.
star ratings
It is noteworthy that the number of hotel rooms in Dubai at the end of November 2021 reached 136,30 hotel rooms, among 743 hotel establishments. And 91 hotel rooms within 139 hotel facilities, followed by four-star hotel rooms with a rate of 29%, registering 39,737 hotel rooms within 178 facilities.
In turn, hotels classified between three and one star accounted for about 18% of the total hotel market size in Dubai, with a capacity of 25,25 hotel rooms within 238 hotel facilities.
hotel Apartments
The number of medium and luxury hotel apartment facilities reached 188, comprising 25,177 apartments, with hotel apartments acquiring 19% of the total hotel capacity in Dubai.
• 118 hotel projects “under construction” expected to enter the market until 2025.
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