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FinancialNews
29-01-18
UAE hotel market records significant increase in visitors
(MENAFN) Hotel market in the UAE was revealed to have included 6,800 branded hotel keys seeing that key source markets have witnessed a rise of 98% in guests who chiefly came from Russia.
Based on what Colliers International found in its latest market review, recent branded hotel keys of 78% are in Dubai while 10% in Abu Dhabi.
The UAE has reached 77,700 branded hotel keys at the end of 2017, even so, it is predicted to record 90,600 during this year and 119,000 by 2020.
UAE hotel market has been successful in scoring an increase during 2017 due to Russian visitors who went up to about 98%, as well as Chinese visitors who increased considerably.
MENAFN2901201800450000ID1096401038
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