New report says UAE in top five countries worldwide for new hotel openings in past five years
The UAE is among the top five countries in the world for new hotel openings over the past five years, according to STR Global.
A report on hospitality supply growth around the world showed the UAE was beaten only by the US, China, the UK and India.
It also revealed that Dubai was the world's biggest growing market outside of China since 2008.
Only east China (excluding Hangzhou), south central China regional, western China, Shanghai and Beijing have seen more new hotels opening than Dubai, STR Global said, without giving specific numbers.
STR Global also said that the brands with the most new rooms opened outside of the United States during the past five years were JinJiang Inns, Home Inn, Super 8, Ibis, Sheraton, Crowne Plaza, Holiday Inn, Holiday Inn Express, Radisson Blu and Ramada.
Beachfront hotels in Dubai continue to provide the highest occupancy rates and average rates per room in the Middle East, according to a survey looking at data for the first half of 2013.
According to the Ernst & Young Middle East Hotel Benchmark Survey, the hospitality industry in the UAE in particular saw positive growth throughout the first six months of 2013.
Dubai achieved an overall increase in average occupancy of 2.0 percent, along with growth in average daily rate (ADR) from US$267 to $284.
Beachfront locations performed even better with average occupancy up 3.7 percent to 84 percent and ADR up 4.85 percent to $389.