As more hotels come onto the market, occupancy rates and room prices in Hotels Dubai are likely to drop in 2008, reported Khaleej times.
Some 1294 rooms were added to Hotels Dubai room inventory between 2006 and the third quarter 2007 as six new four and five star hotels were finished. Another 30 hotels slated for delivery this year remain under construction.
Particularly during the peak summer seasons, Hotels Dubai have always reported strong occupancy. However, the new emerging trend is that of an increased number of travelers from within the Gulf region.
Until recently, Gulf travelers formed up to 25% of the clients in Hotels Dubai, most of these having their annual summer breaks. However, this has gone up to 50% in the recent months.
Most hotels and hotel apartments report of occupancies that may lay in excess of 80 to 90 percent. Therefore one might say how exhausted Hotels Dubai could be finding it to continue as a business today and how desperately they require to be given more three and four star hotels by the real estate firms.
The demand for less expensive hotels is now rising as Dubai has got no other alternative but to begin re-looking at its polices.
Probably you have heard that everything in Dubai is expensive. All the news about rising prices and never ending hotel and living costs, will certainly put you off, if you have never been to Dubai. But how can you live comfortably in Dubai and not have to spend a lot to afford your tour? You may be asking yourself, what are serviced apartments and what do they offer? Well, serviced apartments Dubai are residential apartment blocks, whereby the apartments within them are used as hotels or in other words let on a short basis. One can book serviced apartment Dubai for as short as just one night, which means you are not tied into any length apartments.
Serviced apartments are rather different to standard hotels. The apartments range from studio up to luxury 4 bed apartments. With lounges, bedrooms and bathrooms, all the apartments come furnished to high standard. Apartment buildings in Dubai have grown in number over of the past 5 years and in their size too. Most apartment buildings such as Marina Diamond & Marina Crown consist of more than 25 floors and offer excellent views of Jumeirah Beach from the balconies. Serviced apartments Dubai are complete with onsite parking, private gardens and pools.