Dubai’s hotel occupancy beats all-comers
DUBAI – Hotel revenues in Dubai grew 15.7 percent touching Dh12.5 billion in 2007, up from Dh10.8 billion in 2006.
Khalid A. Bin Sulayem, director-general of the Department of Tourism and Commerce Marketing (DTCM), said Dubai’s tourism industry was booming.
He said the total investments in tourism projects in the UAE stands at Dh858 billion, of which Dh454 billion are in Dubai, out of a staggering Dh1 trillion worth of tourism projects in the Gulf region.
Tourism sector’s direct contribution to Dubai’s economy is estimated at around 18 percent while indirectly its contribution is nearly 30 percent.
According to statistics, an all-time record 6.5 million guests stayed with Dubai hotels in 2006.
There was a 6.9 percent increase in hotel rooms and apartments during the same year, bringing the total to 40,862.
Dubai scored a world record when its hotel establishments recorded the highest occupancy and revenues in the month of January 2007, leaving behind Hong Kong, Sydney, Tokyo and London in occupancy levels.
The hotel occupancy levels in January were Dubai (85 per cent), Hong Kong (83.8 per cent), Sydney (76.6 per cent), Tokyo (73 per cent) and London (71.5 per cent).
“Dubai already enjoys a high occupancy rate among the world’s top tourism destination. The continuous demand is going to drive the tourism industry further,” Shujaat Yar, area director for sales and marketing of Starwood Hotels and Resorts, UAE, told Gulf News.
“The demand is higher than the hotel supplies that are coming in. We are optimistic for 2008 as hotels will deliver similar results.”
Ian Jarrett
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