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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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Sunday, March 15, 2009

Big Hotels to Open in UAE

35 big hotels to open in UAE by 2010
GulfNews - Dubai, United Arab Emirates
Dubai: More than half of the dozens of planned hotel openings in the Gulf over the next two years will be in the UAE, creating thousands of new hotel rooms that will put pressure on rates amid a global travel business decline.
The organisers of a hotel industry exhibition in Dubai said on Saturday the UAE accounts for $6.1 billion (Dh22.4 billion) out of $8.8 billion being invested in the Gulf in 61 hotel properties that are scheduled to open by the end of next year. ...

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