Hotels near Dubai World Trade Centre Is Where Luxury Rules

There is no dearth of luxury accommodation in Dubai. So much so that the hospitality industry in the city these days are looking to increase the number of much needed mid to budget range establishments. According to a recent estimate, 50% of the hotels here are in the 5-star category. Iconic properties fill the landscape in the city, each one with its distinct and eye-catching structure. Staying at these places is going to cost you somewhere around 550 or 2000 dirham or more. In comparison, when you have booked at the three to 4 star establishments, be ready to shell out anywhere between 367 dirhams to 735 dirhams as per a news report.

Still the lure of luxury is too much to forgo and people tend to prefer such happening locations as hotels near Dubai World Trade Centre for their sojourn. The main aim is to experience the best of famed hospitality scenario in this part of the Middle East. The Department of Commerce and Tourism here already has plans in place for 2020 to increase the available rooms to double its present numbers to 160,000! Besides the regular dose of splurge and sophistication, the ministry also wants the developers to concentrate on affordable hotels.

Mid-range hotels are a big requirement with business travelers and those travelling with their families during the holidays. The government simply wishes to fill this void in the coming times. The good news for this much-traveled city in the Gulf is that the occupancy rates at various hospitality establishments have constantly grown by 7.5% annually from 2003 onwards as per reports. The figures keep on rising in spite of increased supply of available rooms by almost 8.1% as per these reports. Recent positive statistics indicate the resurgence of the economy as even the lingering traces of recession are no longer there.

International visitors, no wonder, are attracted by the economic possibilities inherent in the city and another attraction is the various exhibitions or events that are organized from time to time. The business at hotels near Dubai World Trade Centre, as everywhere, is seasonal. Maximum visitor influx tends to be during the months of winter from October to April after which it gradually trickles to almost 15% of the peak average. But business is still booming and the hotel industry is very happy to cater to the demands of the visitors to the city.

One big source of business for the city resorts include exhibitions, conferences, incentives, and meetings. Luxury accommodation in Dubai is high in demand for this reason as these are the best places to find the related technology support that is required in the increasingly state of the art corporate gatherings.

About the Author: An avid traveler, the author hails from UAE and shares interesting insights with travelers visiting the Emirates. His travel experiences and stories are a source for executive travelers of UAE as his articles are an excellent source of information for luxury accommodation in Dubai.

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