By Parag Deulgaonkar
Hotels in the emirate reported average occupancy rates of more than 85 percent in January, the highest in the Middle East
Dubai is the only city in the Middle East to be ranked in the top 10 list of global cities with maximum hotel rooms, according to a new report.
The emirate is placed fifth on the top-10 list with 100,000 hotel rooms compared with 90,000 rooms in London, which takes the last place on the list, financial news website Insider Money said based on figures collated from Quora, a knowledge-sharing platform.
Dubai shares the fifth position with Chicago, New York, Washington DC and Bangkok.
“Dubai is full of beautiful locations, like the Palm Islands ... and the Burj Khalifa, a 160-story skyscraper,” the website said.
In its January 2017 MENA Hotel Benchmark Survey report, issued in March, consultancy firm EY said Dubai hotels reported average occupancy rates of more than 85 percent in January, the highest in the Middle East and North Africa, with the highest revenue per available room (RevPAR) at $246, over three times the average RevPAR recorded in other MENA cities.
More hotels are expected to be completed ahead of the 2020 as Dubai will host the World Expo 2020 between October 2020 and April 2021, bringing together more than 180 nations and an audience of 25 million.
According to the Insider Money survey, Las Vegas topped the list with 152,000 rooms, followed by Orlando with 150,000 rooms, Paris with 140,000 rooms and Barcelona 120,000 rooms.