Register | Forgot password?
Switch to Arabic
Friday, November 27 - 2009

Hotel Show scales new heights as GCC hotel development hits $18bn

  • United Arab Emirates: Monday, December 03 - 2007 at 12:44
  • PRESS RELEASE

Demand for exhibition space at The Hotel Show is being driven by developers who have committed around $18bn to new hotel developments across the Gulf Co-operation Council (GCC) countries.

Article continues below
 
Current hotel projects in firm planning or construction phases show the United Arab Emirates - and Dubai in particular - leading the way with a total valued at a staggering $12.7bn, according to the database of Proleads which monitors all regional construction projects.

"As anyone who lives in, or has recently visited the region can see, the GCC countries are in the midst of a massive construction boom, especially in the hotel and hospitality industry," said Maggie Moore, Exhibition Director of the Hotel Show 2008, the Middle East's leading supplies exhibition to the region's hospitality sector, taking place at the Dubai International Exhibition Centre (DIEC) from 8-10 June 2008.

"In the UAE alone, nearly 100 new hotels are expected to be ready by 2010 with a combined capacity of more than 30,000 rooms."

"Dubai's phenomenal hotel projects under construction include Asia-Asia, planned to be the world's largest hotel with 6,500 rooms and a budget of $1.625bn. However, with a budget of $3bn, the region's richest single hotel construction project is currently the MGM Grand Hotel, planned by the Mubadala Development Company in Abu Dhabi."

In June this year, The Hotel Show attracted 10,086 dedicated trade visitors. They included the regional owner-operators, key decision makers from international five-star hotel chains, architects and interior designers.

The 2008 show - organised by dmg world media, Dubai, one of the region's leading exhibition companies - will occupy in excess of 16,500 square metres of exhibition space to accommodate surging demand from both international and regional exhibitors. "We are already heading towards another complete sell-out in record time," said Moore.

Bigger and better



The top ten hotel projects in the GCC by value:

1. The MGM Grand Hotel planned for Abu Dhabi. A $3bn complex will comprise an MGM Grand hotel and two further luxury hotels with more than 1,200 rooms.

2. Asia-Asia Hotel, part of the Dubailand development. The $1.625bn project calls for the world's largest hotel providing 6,500 rooms - 5,100 four star and 1,400 five star. The MGM Grand Las Vegas currently claims the world's largest title with 5,044 rooms.

3. A $1.2bn budget Qatar Entertainment City project for four five-star hotels, each with a capacity of 300 to 400 rooms.

4. A multiple hotel development in Jabal al-Kaaba in Makkah, Saudi Arabia, with a $710 million current budget for nine hotels with a total of 10,000 rooms.

5. Dubai Lifestyle City's $650m "seven star" hotel will include a sports centre and health club.

6. Salam Beach Resort and Spa Project in Manama, Bahrain, has a budget of $545m.

7. Another Dubailand development - the $505m America Hotels and Resorts - will have 500 rooms and a three star rating.

8. A budget of $500m has been set for the five star Durrat Al Bahrain Hotel and Resort in Bahrain.

9. The 31-storey, $400m Hajer Tower in Makkah, Saudi Arabia, includes an hotel.

10. The $327m Palaces Hotel and Resort project - another Dubailand development - will have 1,000 rooms and take inspiration from Versailles, the Taj Mahal and Buckingham Palace.
Also consider reading:
Log in to request more information

Notes and media contacts

For media information, please contact:

Chris Mullinger
Senior Consultant
Shamal Marketing Communications
PO Box 24459
Dubai, United Arab Emirates
Tel.: +9715 0658 5843
Fax: +971 4 3124313
Web: www.smc-pr.com

Disclaimer:

Articles in this section are primarily provided directly by the companies appearing or PR agencies which are solely responsible for the content. The companies concerned may use the above content on their respective web sites provided they link back to http://www.ameinfo.com

Any opinions, advice, statements, offers or other information expressed in this section of the AMEinfo.com Web site are those of the authors and do not necessarily reflect the views of AME Info FZ LLC / Emap Limited. AME Info FZ LLC / Emap Limited is not responsible or liable for the content, accuracy or reliability of any material, advice, opinion or statement in this section of the AMEinfo.com Web site.

For details about submitting your stories, please read the guide - all content published is subject to our terms and conditions