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For the past couple of decades, the UAE has been in the world eye for doing things bigger, better and faster. The enormous money and effort spent on converting the country into an international metropolis has been well-lauded by the rest of the world.
One of the most prestigious achievements for the country was Dubai winning the Expo 2020 bid last year. This opened a floodgate of opportunities for the hospitality industry as the emirate seeks to attract 20 million tourists per year.
This means that the hospitality industry will need to build hundreds of new hotels to cater to the demand. Currently, there are an odd 612 hotels in Dubai with around 85,000 rooms and 86 more hotels in different stages of construction. Most of the hotels belong to the five-star category and the city will need to develop three and four-star hotels to balance the market.
One of the most prestigious projects in Dubai is the Royal Atlantis Resort, to be built on Palm Jumeirah. Costing around $ 1.5 billion, it will consist of 800 rooms, suites and 250 luxurious hotel apartments.
Other reputed names like the four-star Warwick Hotel Dubai and the five-star Sofitel Downtown opened just months ago. Starwood is expected to open three luxury hotels in Business Bay next year, adding 1,675 rooms to the market.
Not to be left behind, Abu Dhabi also boasts its fair share of luxury hotel projects. Notable among them is the 39-storey Arabian-themed arched skyscraper Fairmont Hotel set to rise on Abu Dhabi's coastline which will cost Dh1 billion. Jannah Hotels & Resorts will open its new brand flagship, the Andalus Al Seef Resort & Spa, in September next year. The popular Anantara Hotels, Resorts & Spas, which has several hotel properties in the country, is also coming up with more projects.
Ras Al Khaimah also witnessed a number of hotel openings, the likes of The DoubleTree by Hilton, and soon-to-open hotels such as Santorini Hotel.
• Many hospitality projects expected to cater to Expo 2020 visitors
• Royal Atlantis Resort in Palm Jumeirah will have hotel apartments
• The 39-storey Fairmont Hotel will be constructed near Marina Mall
Get a glimpse on how luxury enthrals Ras Al Khaimah
Source: Zenifer Khaleel, Special to Properties
The writer is a freelancer