Dubai hotels to increase city's supply of rooms by more than 20% over next two years
Skift Take
After almost collapsing in a financial crisis in 2009, Dubai has clawed its way back and is now acting as if it would like to reclaim its position as the Gulf's most dynamic business center.
With 4,500 additional hotel rooms expected to be completed in 2012, and a total 11,000 units in supply pipeline until 2014, Dubai's total capacity will witness a big jump from 54,300 rooms currently available, said Jones Lang Lasalle in a report on Dubai's real estate market.
"The positive upswing in tourism volumes in Dubai has raised confidence levels and following a slowdown witnessed in the last couple of years
The
