Global hospitality providers head to Dubai as regional industry plans multi-billion investments

  • Date: 28-Mar-2023
  • Source: Emirates News Agency
  • Sector:Healthcare
  • Country:UAE
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Global hospitality providers head to Dubai as regional industry plans multi-billion investments

DUBAI, 27th March, 2023 (WAM) – Major worldwide players will gather in Dubai from 23th to 25th May at The Hotel Show – the undisputed flagship for, and gateway to, the Middle East’s multi-billion-dollar hospitality industry – as the Middle East plans new developments to meet accelerated tourism ambitions.

Running at Dubai World Trade Centre, the Hotel Show comes against a regional upsurge of hospitality investment driven largely by the UAE and Saudi Arabia.

“Saudi Arabia alone needs to accommodate the 100 million tourists it hopes to attract by 2030 with a hotel pipeline valued at US$110 billion while the UAE hospitality market is expected to expand by 25% over the same period adding a further 48,000 rooms to its room stock. This offers unprecedented opportunity for developers, equipment and product suppliers, designers and operators,” said Elaine O'Connell, Vice President of Design and Hospitality at dmg events, show organiser.

The scale of the opportunity has attracted major players from throughout the Middle East, Europe, the Far East and Americas, all with an eye on winning new business with innovative products and services. The major upscaling of the region’s hospitality potential has seen the show organisers, dmg events, expand the event’s profile with new