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Hotels
The Dubai hotels sector is
set to expand dramatically over the coming years. In 2006 Dubai hotel occupancy
rates were the highest in the world at 86%. If you look closer at the 5 star
hotel segment the occupancy rates are even higher at 92%.This is even with the
highest price per room averaging at $232 US. These rates of hotels in
Dubai are even greater than the 5 star price per room night of cities such as
New York and Paris. Dubai tourism boom is fueling these lofty numbers and
are expected to increase their 5 million annual visitors to 15 million by 2012.
Most of this boom is being driven by the city run airline Emirates, British
Airways and Virgin Atlantic.Emirates alone has 80 direct flights to
destinations around the world and is expecting to add another 20 destinations
over the next few years.Dubai hotel UAE sector is set to add a Palazzo Versace
and the first Trump International project outside of North America on the world
famous Palm Island Jumeirah. It is no mistake that the Trump organization has
spotted Dubai as its first step into the region to begin its international
branding initiative.
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