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Real Estate News Alert is a roundup of the most recent news that gets updated daily to keep you always up to date on the world's most attractive projects in the real estate market from the UAE (Dubai, Abu Dhabi, Umm Al-Quwain, Ajman, Ras Al-Khaimah, Sharjah and Fujairah) and sometimes from the GCC or other countries and from various news sources.


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Thursday, September 18, 2008

Growth Rate 21% for Hotel Projects in Dubai

Tophotelprojects.com®: 7% growth of leading hotel projects worldwide
openPR (press release) - Hamburg, Germany
The opening of the Atlantis resort in Dubai (1,529 rooms) end of September marks the completion of only one hotel project of nearly 100 in the United Arab Emirates. Within the next five years, approximately 42,000 rooms will be added to the first class and luxury hotel market of Dubai. The number of leading hotels grows by 21 percent which is more than any other region of the world. According to a study of tophotelprojects.com®, the number of first class and luxury hotels worldwide is increasing by 7.1 percent (that means more than 2,570 hotels and resorts). ...

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