JLL’s Abu Dhabi Hotel Market Summary report predicts that the Emirate is slated to see 2,200 new hotel rooms open over second half of the year.
Abu Dhabi’s hotel stock, the report claims, is “expected to reach almost 26,000 rooms by the end of 2019.” Meanwhile, “the Y-o-Y increase in tourism arrivals has continued, with an 11-percent increase in hotel guests for YT May 2016, compared to the same period to May 2015.” In terms of arrivals, Abu Dhabi received 4.1 million tourists last year, up 18 percent from 2014.
Last quarter, 200 rooms opened in the Emirate, including the soft opening of the Four Seasons on Al Maryah Island in May.
New hotel openings anticipated for the Emirate by the close of 2016 include the Grand Hyatt Abu Dhabi Hotel & Residences Emirates Pearl, the Gloria Downtown Hotel and the Bab Al Qasr.
The 677-room Bab Al Qasr will open in the third quarter of 2016. “Our first hotel in the region was in Abu Dhabi back in 2002 and as the Emirate has grown, so has our regional presence,” Francois Kassab, COO at Millennium & Copthorne Middle East and Africa, said. “With over 27 properties in the region and three properties in the UAE capital, we are very excited to be adding a flagship property to our UAE portfolio."
