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Dubai has more than 13,300 hotel rooms in the construction pipeline, more than the combined total of the next four largest markets.
Latest data from STR Global shows that the emirate has a total of 13,349 room in the pipeline while Abu Dhabi, the next largest market for hotel construction, had 5,298 rooms.
The December Construction Pipeline Report also said that Riyadh, Saudi Arabia (2,687); Cairo, Egypt (1,977); and Amman, Jordan (1,507) were the other markets with more than 1,500 rooms being built in the Middle East and Africa region.
Overall, the region's development pipeline comprised 496 hotels totalling 133,438 rooms last month, STR Global said.
Dubai hotels have been able to maintain revenues during 2011 despite a large increase in the number of rooms coming online, Ernst & Young said earlier this month.
In a report on the hotel industry in the Middle East and North Africa, it said the emirate had proved its "magnetic attraction as a tourist attraction".
Yousef Wahbah, MENA head of Transaction Real Estate, Ernst & Young, said: "Dubai has been successful in attracting a larger share of the GCC tourism market as well as penetrating the US and China markets more effectively as it is considered a stable and open market, boosting overall performance figures.
"Despite the large increase in the number of available rooms in Dubai in 2011, overall RevPar has not been affected which proves Dubai's magnetic attraction as a tourist destination."
Dubai was the sole tourist destination in the region that has shown a rise in both occupancy (4 percent) and revenue per available room (revPAR) (4.5 percent) with a very slight decline in room rates (down 0.2 percent), the report said.
Last month, a report by TRI Hospitality Consulting said occupancy levels at hotels in Dubai touched 2007 levels in October.
The study of hotels in six regional cities showed that Dubai saw occupancy increase to 87.3 percent.
Can anybody help me, I re mortgaged my house in the uk and purchased property in the Matrix in Sports City from the First Group and three years later... more
Saturday, 26 May 2012 1:39 PM - NoshieI am a UAE national married to an Iranian and her unwavering allegiance is toward Iran and she does not espouse any Arab cause, the same applies with my... more
Friday, 25 May 2012 11:54 PM - YasserLst I heard, alcohol was legal in the UK and the county was predominantly Christian. When do the crazy politically correct idiots stop erroding the rights... more
Saturday, 26 May 2012 10:37 AM - HarmonyI have an issue going back to last year. Every time I write explaining, a different person answers. This has resulted that the issue is still unresolved... more
Saturday, 26 May 2012 2:30 PM - Mark of ZoroThis decision has been a strike back on the wave of 2022 soccer world cup scandal which was totally fabricated. No ones wants the Middle East to become... more
Saturday, 26 May 2012 12:31 PM - N. SiottoCan anybody help me, I re mortgaged my house in the uk and purchased property in the Matrix in Sports City from the First Group and three years later... more
Saturday, 26 May 2012 1:39 PM - NoshieGiven that the start of the new month is determined by the moon sighting, isn't this going to make organising meetings for the following month a bit tricky... more
Thursday, 24 May 2012 1:24 PM - Mark RentonPalm Jumeirah = Disneyland. Is this the kind of community to invest in for a home ???? or a hotel ? It baffles me why people would invest in an apartment... more
Wednesday, 23 May 2012 4:13 PM - PaulI am a UAE national married to an Iranian and her unwavering allegiance is toward Iran and she does not espouse any Arab cause, the same applies with my... more
Friday, 25 May 2012 11:54 PM - YasserLet's see what will happen and if this project will go ahead. Only time will show. What happens to the other projects? not much is going on? Are investors... more
Monday, 21 May 2012 11:49 AM - GregCan anybody help me, I re mortgaged my house in the uk and purchased property in the Matrix in Sports City from the First Group and three years later... more
Saturday, 26 May 2012 1:39 PM - Noshiethe majority of expats (as most people here argue that its a majority painting an entire nation the villain)....why are the filipinos and indians not the... more
Sunday, 20 May 2012 9:17 AM - ArthurHOW CAN WE FORGET 2008, WHY DID YOU NOT FORGET TO PAY ALL YOUR STAFF BONUSES LIKE YOU HAVE DONE ON THE PAST TWO OCCASIONS , YET YOU CANT COMPENSATE OR... more
Wednesday, 16 May 2012 4:51 PM - MOOSAGiven that the start of the new month is determined by the moon sighting, isn't this going to make organising meetings for the following month a bit tricky... more
Thursday, 24 May 2012 1:24 PM - Mark RentonThe words one should read and think about are "it COULD make sense to sell Emirates in the future". Sir Flanagan does not say it does make sense at this... more
Thursday, 10 May 2012 11:16 AM - Paul dxb
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