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FINANCIAL NEWS
Sharjah hotel rooms to rise 75% by 2014
08 May 2010
(MENAFN) The Chairman of the Sharjah Commerce and Tourism Development Authority (SCTDA) said that the number of hotel rooms in the emirate is expected to increase by 75 percent in the next four years, Khaleej Times reported.
He attributed the forecasted rise to the expected rise in the number of hotel facilities in the emirate over the next four years, as well as the sustained growth that the tourism sector in Sharjah is witnessing.
SCTDA statistics showed that the emirate is preparing for 33 new hotel facilities by 2014, with the total number of hotel facilities in the emirate reaching 143 comparing to 110 in the emirate currently.
With 7,387 hotel rooms expected to be added, the number of the hotel rooms in the emirate will reach 15,141, compared to the current number of 8,727.
In addition, the next four years will also see 14 new five star hotels with 3,550 rooms, and seven luxury hotel apartments with a total of 1685 rooms, opening their doors in the emirate, according to the Authority�s statistics.
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