U.S. Census-at-a-Glance Widget

Tuesday, May 26, 2009

Middle East needs hotels

from Gulf News (5/25):

Hotel occupancy to bounce back
05/25/2009 06:24 PM | By Nadia Saleem, Staff Reporter

"Dubai: Though the Gulf region is seeing a total of 306 new hotels under construction at a value of over $140 billion (Dh514 billion), more will be needed by 2013 to satisfy the expected demand, a study says.

Proleads, a research house for the leisure industry yesterday revealed a report at The Hotel Show, a hospitality services trade show that stated occupancy rates will return to previous levels by 2010, followed by significant growth by 2013." ...

for the complete story

For information on the Proleads report and how to order it

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