Economy

UAE In-Focus — Hospitality market to expand by 25% by 2030; Dubai to announce hydrogen strategy soon

Follow-ups -eshrag News:

Tue, 2022-09-27 18:31

DUBAI: The UAE’s hospitality market is set to expand by 25 percent by 2030, with a further 48,000 rooms adding to the nation’s extensive 200,000 key portfolio, according to a study conducted by Knight Frank.

The global property consultancy said in its report that Dubai will account for the lion’s share of these new rooms, with 76 percent coming to the emirate, which already boasts more than 130,000 rooms.

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