7.8 million more Arabian nights (page 1 of 2)
- United Arab Emirates: Tuesday, January 25 - 2005 at 09:51
According to the latest industry survey, 18,947 Airbus A-380 aircraft trips per year would be needed to carry guests for the 7.8 million room nights of supply that are confirmed to become available in the GCC 4 and 5-star hotel sector by 2008.*
Although the largest single market remains the UAE, with 11,922 rooms due to become available between now and 2008 (9,628 of which are in Dubai alone), the GCC markets expected to make the largest gains are Qatar, with a projected 145 per cent increase in room supply, and Kuwait, with an anticipated 75 per cent increase in room supply. The markets expected to make the smallest gains in available rooms per annum over their existing supply are Bahrain (23 per cent), and Saudi Arabia (6 per cent) which is somewhat distorted by a very large number of 4 and 5-star hotels.
"The key word in our survey is 'confirmed'," says Peter Goddard, Managing Director of the Dubai office of TRI, the world's leading management consultancy in the fields of hotels, tourism, leisure and real estate.
"In Dubai, in particular, there is an element of confusion surrounding which hotel developments have been confirmed and which are still in the pre-feasibility stage. On The Palm, Jumeirah, for example, there's a great deal of buzz surrounding all of the proposed hotel projects. According to our research, nine are confirmed so far. While I have every confidence that there will be in the region of 30 to 40 hotel projects when The Palm is complete, TRI's research has culminated in the most accurate snapshot of the current status of hotel developments in the region."
According to data posted on TRI's Middle East website, the confirmed hotel and resort projects on The Palm, Jumeirah, are the first two phases of Kerzner International's Atlantis, the Hilton Palace, the Metropolitan, two Radisson SAS properties (one each on The Palm's Crescent and Trunk), The Fairmont Palm Hotel and Resort, The Fairmont Palm Vacation Club and The Palm Sun Hotel and Resort.
The area of Dubai with the most confirmed hotel developments, however, is Sheikh Zayed Road / Al Barsha, with 12 future hotels confirmed, offering 2,948 rooms. Included among them is the five-star, 250-room Armani Hotel in the Burj Dubai development, which is due to open in 2008, and the five-star, 400-room Kempinski Hotel in the Mall of the Emirates, which is due to open in November 2005. On Dubai's world famous Jumeirah coast, seven hotel and resort developments were identified as confirmed. Among the six confirmed hotels and resorts north of Dubai Creek, are the five-star, 225-room Park Hyatt at Dubai Creek Golf and Yacht Club and two five-star deluxe properties, a Four Seasons and InterContinental, at Dubai Festival City.
"The large scale, landmark hotel and resort developments currently underway in Dubai speak volumes of the tremendous growth of the emirate as an exciting tourist destination," says Goddard.
Elsewhere in the UAE, Abu Dhabi's future supply of five confirmed hotels includes the landmark, Kempinski-operated Bani Yas Palace Hotel and Conference Centre, while Fujeirah's four confirmed hotel developments include the five-star Kempinski Fujeirah Resort and the Robinson Club.
In Qatar, where the hotel sector has been given new impetus by the staging of the Asian Games in 2006, there are 13 confirmed hotel projects with a future supply of 3,118 rooms by 2007.
Article Options
Notes and Media Contacts »
About TRI:
With 30 years' experience in the Middle East, TRI Hospitality Consulting is an independent, international consultancy most frequently commissioned to provide Market and Financial Feasibility Studies for new hotels and real estate development projects. Its expertise has been sought by investors in the region's most exciting developments, including The Palm Jumeirah, Burj Dubai, Dubailand and Bahrain Financial Harbour.
TRI's Services:
From Tourism Master Plans and Market and Financial Feasibility Studies to Operational Reviews and Valuations, TRI's extensive range of advisory services keeps decision-makers informed. Owners, developers, contractors, architects, international hotel management chains and government authorities have come to rely on TRI's objective analysis and informed opinion.
For further information about TRI's survey Confirmed Hotel and Resort Developments in the Middle East, please refer to the Info Centre section of TRI's Middle East website.
For further information about TRI Hospitality Consulting Middle East or one-on-one interview opportunities, please contact Peter Goddard or Gavin Samson at TRI Hospitality Consulting Middle East on (tel) +971 4 345 4241; (fax) +971 345 8502
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

Anne-Birte Stensgaard, Senior News Editor



