Hotels in United Arab Emirates
The hotel industry in United Arab Emirates is one of the most dynamic markets in the world. The demand for hotels has increased by 15% since 2010. Most of this growth can be attributed to a strong tourism industry and a growing middle class.
The hotel market in UAE is highly competitive, with some hotels offering exclusive services such as private jets, underground tunnels and exclusive restaurants.
The UAE has a large number of hotels, and there is no shortage of competition. As a result, the cost of running such a business has increased significantly in recent years.
The hotel industry has been facing challenges since the late 1990s, when the government started to demand that foreign investors build new or renovate existing hotels. The government’s decision to restrict foreign ownership led to an increase in prices for hotel rooms and decreased occupancy rates by as much as 20%.
The …
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