DUBAI'S HOTEL SECTOR DEMONSTRATES RESILIENCE WITH 11.1% CAGR IN FORECASTED INVENTORY OVER 2017-19 TO REACH 35.5 MILLION OCCUPIED ROOM NIGHTS

Dubai’s diverse and vibrant hospitality sector is forecast to experience strong, sustained growth over the coming years, with occupied room nights set to reach 35.5 million annually in 2019, representing a robust 10.2% compound annual growth rate (CAGR) over the next 24 months.