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The portion of the service sector that deals with providing housing for guests is called the hotel industry. The term “hotel industry” encompasses not only hotels but also a wide range of other types of lodging, such as hostels, motels, inns, and guest houses.
Long-term or permanent accommodations are typically excluded from this category. Hotel services are strongly related to the travel and tourism sectors because of their nature.
The recently bought property by Vivium Holding , which spans a noteworthy area, will soon be transformed into a world-class hospitality retreat with an exciting food and beverage component.
The hotel’s appeal is appealing to visitors from the UAE and elsewhere. It is planned to contain up to 40 spacious suites with sea and sunset views, private dipping pools, extensive terraces, distinctive dining experiences, and a sizable lagoon pool.
Additionally available to visitors is a cutting-edge fitness center with tennis and padel courts as well as spa and wellness amenities.
The hotel is tucked away on the western side of the island, only a short 5-minute stroll from the charming Agia Irini Beach, and offers stunning views and a luxurious atmosphere, treating visitors to lovely sunsets.
The hotel’s floor-to-ceiling windows and terraces offer stunning ocean views of the Arabian Gulf, the gorgeous Dubai Marina cityscape and harbor, and the renowned Ain Dubai, the biggest and highest Ferris wheel in the world, which is situated on Bluewaters Island.
The Hotel industry in UAE accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.
NH Collection and NH Hotels will be introduced to the Middle East as two new brands by Minor Hotels, a prominent hotel owner, operator, and investor, which will bring four more new-build properties to the region.
Anantara in the UAE and Avani in Oman are the two most recent new properties to be introduced in the area this year. The Taj Exotica Resort & Spa, The Palm in Dubai has been officially opened by the Taj brand of the Indian Hotels Company.
In the UAE, OYO opens its first ‘Capital O’ location. The global dining concept, ISSEI, will debut in Dubai’s Radisson Hotel DAMAC Hills, according to a statement from the Radisson Hotel Group.
Ishraq Hospitality, a branch of the Mohamed & Obaid Almulla Group in Dubai, and IHG Hotels & Resorts, one of the top hotel companies in the world, recently inked a Master Development Agreement (MDA) to build eight hotels under IHG’s midscale brand, Holiday Inn Express, in the MEA area.
Over the next three years, Marriott International will add four new properties to the UAE. In accordance with a deal with the UAE’s RDK Tourism Investment, Marriott will increase the number of rooms under its Marriott Hotels & Resorts, Marriott Executive Apartments, and Autograph Collection Hotels brands in the UAE by more than 700.
The existing buildings managed by RDK Tourism Investment will be turned into the four new hotels. In Mirfa, Liwa, and Al Reem Island in Abu Dhabi, three of the homes will be located. Marriott Hotels & Resorts, the hotel chain’s leading brand, will open a 114-room seaside resort in the capital.
Dubai will host the legendary music festival Tomorrowland. A first-of-its-kind venue Terra Solis, inspired by the hedonistic party festival, will be unveiled by the famed festival in the Dubai desert. To Dubai Heritage Vision, Terra Solis will deliver a bustling pool scene, superb food, and three distinct glamping experiences.
The expansive desert-chic oasis is spread out across 371,000 square metres, and visitors can select between three different lodging options, each of which is named after a star, meteor shower, or constellation.
The 20 Perseid lodges are a collection of comfortable, stylish lodges, while the 48 Polaris bell tents are roomy, artistically painted tents. The six Orion pool lodges, which offer a true VIP experience, each have a private pool as well as a sizable outside cabana and balcony.
In Dubai, there are 145 four-star hotels out of a total of 716 functioning hotels, and 30,125 rooms are available for the four-star category, according to statistics from the UAE hotel sector.
In a related development, four-star accommodations account for the majority of the market since they helped the medium-sized category achieve an occupancy rate of 86%. The UAE’s goal of enhancing the hospitality industry, which is essential to sustaining the national economy, is in line with the hotel strategy.
With the new family package, visitors from the GCC and around the globe may unwind and enjoy a special two-night stay that includes a free daily breakfast spread with a variety of organic delicacies.
The hotel industry in the UAE recorded the highest occupancy rate among Middle Eastern tourist destinations, with an average of more than 80%, to rank among the best global rates throughout the year, despite the significant increase in the supply of rooms, according to the most recent hotel occupancy indicators published by international institutions.
Hotel industry data for the UAE Regarding the ups and downs that naturally occur in the country’s main industry of exporting tourists, it is understandable that these movements have an impact on the tourist destinations. However, the most crucial thing is to look for a replacement that makes up for this decline.
Along with the new construction, some of Dubai’s current hotels and resorts will undergo significant renovations, expanding the potential for industry suppliers. In order to bring legacy hotels—some of which are more than 10-15 years old—up to date with industry standards, hotel companies in Dubai are heavily spending on renovations.
The renovations would concentrate on three key areas: upgrading the tech features in the rooms and across the property (guests require excellent Wi-Fi connectivity at all times as well as first-rate in-room entertainment), design, and sustainability.
Adapting attitudes and perceptions provide trends that direct an industry, whether the changes are societal, economic, or technological. The same is true for Dubai’s hospitality sector.
Together, a number of socio-cultural, economic, and technological factors are changing the nature of the sector. Working together between independent restaurants and hotels is the newest great trend. Hotels and restaurants have opted to collaborate in order to provide their patrons with a more varied experience.
This will allow restaurants to share their business expertise regarding current F&B trends while the hotel can offer a first-rate stay. This movement has significant economic ramifications of its own, creating new opportunities in the hospitality industry and lowering overall prices.
A mid-priced option is growing in popularity across the hospitality sector, including the restaurant and hotel sectors. The popularity of hotels are luxurious but not as expensive is growing along with the number of visitors from all social classes, with an even higher increase predicted.
These provide a cozy and useful remedy for the pricey nature of tourist accommodations and make it possible for everybody and everyone to visit the Emirate. Service apartments, moderately priced 3- to 4-star hotels, and Airbnbs are where this trend has most prominently appeared.
