Following a $3 per barrel average global price increase in March, petrol prices for April increased by 12 fils per litre in the UAE
uae4 hours ago
The UAE will witness opening of more than 100 hotels in the next two years while 183 hotel projects with 54,000 hotel rooms in the country are in the pipeline, according to a new report.
Dubai and Abu Dhabi continue to lead in hotel construction across the UAE with a combined 155 hotel projects and 47,619 rooms in the pipeline. Other Emirates with hotel construction underway include: Sharjah with 6 projects (959 rooms) and Ras Al-Khaimah with 5 projects (1,847 rooms).
The hotel construction report by TOPHOTELPROJECTS, prepared exclusively for The Hotel Show Dubai 2016, reveals that the majority of the new hotels are expected to open before 2020.
The busiest years are forecast to be 2017 (56 project openings) and 2018 (58 project openings). Hotels opening in this time include: Paramount Hotel Dubai (2017); Hard Rock Hotel Abu Dhabi (2017); Citymax Hotel Ras Al Khaimah (2017); and Marriott Dubai Jumeirah (2018).
"Paramount Hotel Dubai, expected to open by the end of 2017, will be the first ever Paramount Hotels & Resorts property as well as the operator's UAE flagship hotel," said Thomas van Vliet, CEO of Paramount Hotels & Resorts.
The hotel, part of a mixed use complex also housing 1,197 serviced residences, offers a luxurious experience with a Californian edge and Hollywood vibe, housing 823 guest rooms and suites, some of which are themed after Paramount Pictures movies. We have three more projects underway in Dubai, with a total of 1,383 keys.
W Hotels & Resorts opened its first hotel in the UAE in June of this year. Peter Katusak-Huzsvar, general manager of W Dubai - Al Habtoor City, said: "It has been a long-time coming, but the first W Hotel in the UAE has opened its doors. As a leading lifestyle hotel, it is fitting that W Dubai opens within a unique and first of its kind urban resort like Al Habtoor City - Starwood's largest hospitality project in the Middle East."
Katusak-Huzsvar added: "As a city, Dubai represents everything that W Hotels are passionate about - Fashion, Music, Design, and Fuel. Following the launch of W Dubai - Al Habtoor City, the brand is set to rapidly grow its portfolio in the Middle East with four new openings in Abu Dhabi and Dubai, UAE; Amman, Jordan; and Muscat, Oman."
-abdulbasit@khaleejtimes.com
Following a $3 per barrel average global price increase in March, petrol prices for April increased by 12 fils per litre in the UAE
uae4 hours ago
Annual rents in Dubai are usually paid in two, four or six instalments via post-dated cheques
business4 hours ago
NCM official says May 2-3 is identified as the ‘peak’ of the situation
weather4 hours ago
PSG are still involved in the Champions League in what could turn out to be the club's finest ever season
football9 hours ago
World number three Alcaraz, 20, missed a month prior to Madrid with a forearm issue
tennis10 hours ago
It was Chennai's fifth win from nine matches as they moved to third place in the points table with 10 points
cricket10 hours ago
Earlier, Arsenal held on for a pulsating 3-2 win over arch rivals Tottenham
football11 hours ago
Samsung cuts through the flaff with its Galaxy Tab S6 Lite, providing all the essential features you need at an affordable price
tech reviews11 hours ago