‘Pressure on GCC hotels after recession’
Published by Irhal
May 19 - The global financial meltdown has adversely affected the hotel rates in GCC states, said the organisers of The Hotel Show in Dubai that kicked off yesterday. "There are between 16,000 and 20,000 hotel rooms to enter the Dubai market by the end of the year, which will contribute to producing lower room rates and attracting more visitors to Dubai," said Department of Tourism and Commerce Marketing (DTCM)…
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