Video: Dubai hotels - will the boom lead to bust?

Wed 31 Jan 2018 12:49 PM GST
Dubai's hospitality sector has the largest pipeline of additional room supply in the world, with 64,000 rooms forecast to be added to the current stock of less than 100,000 rooms by 2020. Will that lead to a crash in prices or can the market absorb this supply?

In this edition of Inside AB, Jeremy Lawrence and Bernd Debusmann analyse the views of Simon Allison, chairman of Hoftel, ahead of the Gulf and Indian Ocean Hotel Investor Summit on January 29-30 at Yas Viceroy, Abu Dhabi.

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(Source: Arabianbusiness.com YouTube channel)