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FINANCIAL NEWS
Dubai’s hotel room capacity to rise 28.6% in 2013
01 Nov 2012
(MENAFN) The STR Global Construction Pipeline Report revealed that hotel room capacity in Dubai would grow 28.6 percent next year, reported Khaleej Times.
At the current time, the emirate has 17,409 rooms in the construction pipeline.
The Middle East and Africa region would add 150 new hotels in the period, with hotel construction in Saudi and Oman expected to see strong double-digit growth.
Year-to-date, the region saw the opening of 46 hotels, with 10,510 rooms.
It is worth noting that the region is forecasted to post notable growth in new hotel builds next year compared with 2012.
More News
13 Apr 2026
BBK launches the Youth Advisory Council (YAC) to empower youth and advance innovation
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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