The company "Koustaar", specializing in the given and analysis of the hospitality and real estate markets with a staff of experts in the USA, reveals that the hospitality market in Dubai will see 5,344 new rooms opening by the end of the current year. Dubai, Shanghai, and London are among the leading global cities in opening new hospitality rooms by 2025.
According to the company, the hospitality market will see the addition of 445 new rooms monthly by 2025. In 2025, the tourism and hospitality sector in Dubai is expected to welcome three luxury hospitality objects, which will enhance their architectural horizon, including "Jumeirah Marsa Arab" and "Mandarin Oriental", as well as the "Dubai Marina Center".
The total number of available hospitality rooms in Dubai by the end of December last year amounted to 154,016 rooms in 832 establishments compared to 150,291 hospitality rooms in 821 establishments in 2023. According to research by the consulting company "STR", specializing in the hospitality sector, this makes Dubai a clear leader over other leading cities such as New York, Bangkok, Paris, and Singapore.
New tourism projects that are set to open soon, such as the "Jumeirah Marsa Arab" resort and the "Mandarin Oriental" hotel in central Dubai, will help meet the growing demand for hospitality in the city from both international and local visitors.
Hospitality indicators maintained a high level of activity in 2024. Amid a strong occupancy, the number of recorded hotel nights increased to 43.03 million nights, which is 3% higher than the 41.70 million nights in 2023. The average room rate reached 538 dirhams, slightly exceeding 536 dirhams in 2023.
According to the "STR" data, Dubai's hotels demonstrated higher performance compared to renowned cities such as Paris, New York, and London. The average income from available hospitality rooms amounted to 421 dirhams in 2024, which is 2% higher than in 2023 when it was 415 dirhams.
