Dubai aims to reach a record 200,000 hotel rooms by the end of 2030

City will be hard to catch up in next decade, say hospitality players

Dubai will reach the 200,000 hotel room mark by the end of this decade, global hotel industry executives said on Wednesday.

Sébastien Bazin, group president and CEO of AccorHe said that as long as the Gulf countries have 5 to 7 year plans,

“No one should bet against the GCC.”

While speaking during Global Skift East Forum, At a second-day conference in Dubai, he ruled out overcapacity as Asia and the Gulf regions have been “building a real tourism plan.”

The hotel company was one of the main hotel service providers for the FIFA World Cup in Qatar and helped meet accommodation needs during the mega-event.

Timothy Kelly, President of Atlantis GlobalHe said Dubai will have the highest number of hotel rooms in the coming years, surpassing Las Vegas, as the emirate witnesses strong growth in the number of tourists and also an influx of new hotels.

“There are many products on the horizon that want to emulate the secret sauce of the recipe of what Dubai is. If you think about where this destination has evolved until today, it will soon have more hotel rooms than any other city or destination in the world. Las Vegas has honor with around 155,000 rooms. By the end of the next 2-3 years, we will have 160,000 rooms in Dubai and will grow to close to 200,000 by the end of the decade.”

he said.

According dubai tourism, Hotel inventory at the end of December 2022 consisted of 146,496 rooms in 804 hotel establishments, compared to 126,120 rooms available at the end of December 2019 in 741 establishments. The total number of hotels in 2022 marked a growth of six percent compared to 2021, with 755 hotel establishments offering 137,950 rooms.

While speaking during Skift Global Eas ForumAt a two-day conference in Dubai, Kelly noted that not only is supply coming to the market, but there is demand to back it up.

Difficult to reach Dubai

“There is a demand for the number of properties they have been able to reveal and bring to the market, as the emirate has great infrastructure and excellent relationships. I have worked in other epicenters of hospitality and there is a different way and framework of thinking here. The government is your partner and your friend, a reliable resource, but so is your next-door neighbor.”

President of Atlantis he said during Wednesday’s panel discussion.

He noted that it will take time for the other cities to catch up because there are a lot of things that have to happen there.

“You have to have that skill, infrastructure and skilled workforce that can support your business and provide that service and reputation. I see Dubai being hard to catch up with in the next decade.”

he said.

“One of our great success stories at Atlantis is here, as well as what we aspire to continue to offer as well… I say a lot about Dubai in particular, having worked in the epicenters of the world, is that this is truly one of the last frontiers.” of hospitality.”

he added.

News Source: Khaleej Times