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FINANCIAL NEWS
Global hotels to expand largely in UAE
08 May 2014
(MENAFN) Global hospitality brands invest in more luxury hotels across the Gulf country while the existing ones expand their capacities amid competition for hosting guests and events heating up in the United Arab Emirate (UAE) which will host the World Expo in 2020, Xinhua reported.
The emirate of Dubai already has the highest number of congresses, conferences and incentive events in the Middle East and hotels like Etihad Towers. It aims to double the number of leisure tourists and business visitors from 11 million of last year to more than 20 million by 2020.
“We clearly have the capacities for hosting events like this one with over 1,000 delegates and we aim to position Jumeirah Etihad Towers as a resort for major conferences in the UAE,” general manager of the Jumeirah Etihad Towers hotel in Abu Dhabi said.
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