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The Middle East and Africa (MEA) hotel development pipeline comprises 491 hotel buildings, which gives a total of 120,795 rooms, according to the June 2013 STR Global Construction Pipeline Report. The total active hotel pipeline data includes projects in the "in construction", "final planning" and "planning" stages, but does not include projects in the 'pre-planning' stage.

Among the region's key markets, Dubai, has the largest number of rooms under construction with 10,391 rooms. In five other markets, more than 1,000 rooms were reported to be under construction, such as Riyadh (5,598 rooms); Abu Dhabi (3,727 rooms); Jeddah (2,213 rooms); Cairo (1,744 rooms); and Amman (1,547 rooms).

 

In January of this year, Dubai's occupancy rates topped an average of 89.6 percent, according to TRI Hospitality Consulting - an average increase of 4.2 percent on the previous year. This is typically the busiest month in the region. Several hotels including Sofitel Palm Jumeirah, Anantara Royal Amwaj and Oberoi Business Bay are yet to be completed.

 

More recently, Riyadh's declining hotel performance has stabilized after hitting a much lower 57 percent last year. An influx of new properties across the Middle East is set to dramatically affect performance.

 

Meanwhile, online hotel bookings are steadily gaining popularity in the Middle East as more consumers in the region use the Internet to search for affordable hotel rates. In 2012, hotel bookings from the GCC region totaled US$1.6 billion, 10 percent of which were made online according to PhoCus Wright's Middle Eastern Online Travel Overview.

 

Hotels across the UAE are well aware of their guests' growing preference for online bookings. In Abu Dhabi, the newly-launched Nehal Hotel reported that nearly half of their rooms were now booked online.

 

Samer Al Kabalan, General Manager of the Nehal, said "the online travel industry in the Middle East is growing at a rapid pace. So far this year we have seen 45 percent of our bookings come from online sites."

 

Wael El Behi, General Manager, Ramada Downtown Dubai, a property situated near the Burj Khalifa, said: "Year to date as of end of June, 39 percent of our business mix is coming from the online segment which represent 46 percent of our revenue mix."

 

With hundreds of hotel websites now available, consumers today face an overwhelming abundance of choice. To further complicate matters, these sites often post different rates for the same hotel, causing users to spend hours comparing prices online.

Saudi Gazette

21 July

UAE NEWS

Doha Metro to have 48 stations

The 131-km Doha Metro Railway will have at least 48 stations and half of the entire facility would be built underground at depths up to 50 meters. In a presentation, Qatar Rail commercial manager Stephen Lines disclosed that the elevated portion of the Metro railway is 48km long. Construction has started this year and it is expected to be completed in 2019.

 

New city to rise within Dubai: Shaikh Mohammad

The new city will feature world class leisure facilities for 35 million visitors

 

WAM

 

Published: 16:07 November 24, 2012

 

Dubai: His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice- President and Prime Minister of the UAE and Ruler of Dubai, has announced the establishment of a new city within Dubai, setting new benchmarks in urban development in the region.

 

MOHAMMAD BIN RASHED CITY DUBAI

By Shane McGinley

 

 

Published: Wednesday, 28 November 2012 3:01 PM

 

 

Dubai will not have to depend on global financial markets to fund large-scale projects announced within the last few weeks as it has access to sufficient funding from within the UAE.

 

The head of Dubai Economic Council told reporters on Wednesday.

 

Ybn Taj Arabia to begin construction in June 2013

Construction of the Taj Arabia, the $1 billion replica of the Taj Mahal, is set to begin by June 2013 in Falconcity, the sprawling mega-project on the outskirts of Dubai, the developer behind the project has announced.

 

In a report by Gulf News, Arun Mehra, director of Link Global, said that the 400 room, five star hotel, would be managed by Leela Palaces, Hotels and Resorts, an Indian based hotel operator with 15 palace hotels.

 

 

Qatar and UAE among world top infrastructure markets

Qatar and UAE among world top infrastructure markets - EC Harris General ME

 

According to a new consultancy EC Harris, Qatar and the UAE have been named in the world's top four markets for investing projects.

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