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UAE industry leader with $70 billion investment in leisure and hospitality sector

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17-Mar-2008
Burj Al Arab 

Dubai leads in hospitality and leisure industry in the Middle East

ProLeads, Dubai-based research team, has conducted a survey of the construction contracts across the Gulf and has identified more than 100 individual projects worth $70 billion in hotels and related leisure and tourism facilities under construction or committed in the UAE.

Maggie Moore, Exhibition Director, The Hotel Show 2008, said, "We know the Middle East is a fast-developing hotel and tourism market but survey after survey reveals that the UAE hospitality sector is growing on a grand scale, unmatched elsewhere in the world".

According to the survey, Dubai has the region's highest hotel room occupancy rate at 84.2%, the highest average room rate at $282 and the highest revenue per available room at $237. the massive development potential of the travel and tourism industry throughout the UAE continues to be recognized with record levels of investment in supporting infrastructure.