Dubai is among those lucky places which have attained their progress in very short time, for which others are in need of centuries. Oil exploration was the first thing to talk about Dubai and then the commerce of free trade zones and then comes the 3rd chapter in the history of Dubai, when it flourished its tourism sector and gained a thriving economy. In the course of events, the city also became the new residing place for world class hotels. Gone are the days when London, Sydney, Toronto and New York were considered the ideal holiday places. Today’s Dubai is one step ahead of them in delivering entertainment, fun and thrill, all at one place. Let’s reveal its history to learn more about Dubai Hotels.
Go back in 2 decades ago, until the early 90s, these hotels were not in so many numbers but by the start of 2000, this ground has transformed into land of miracles. There are more than three dozen hotels for five star hotels facility only. There will be even more numbers for two, three and four start hotels. Just imagine there were total 414 hotels in Dubai in 2006 and according to official figures 6.5 million visitors visited Dubai in this year. The revenues earned by these hotels stood at Dh10.8b in the same period. This however grew by 15.74 percent to be at Dh12.5b in the year 2007. These figures show that the pressure was mounted on Dubai Hotel Sector and emperors were not left with any other option other than building more hotels.
Dubai’s government took a wise step and promised to construct new villas, furnished apartments and hotels in this region. The total number of rooms stood at 40,862 in all these segments, in the year 2006. This figure was raised many folds as Dubai is expected to meet 15 million visitors by the year 2010. This sudden increase in visitors is due to 2 key events, one was Dubai’s 1st Tourism Development Projects and Investment Market (TDIM) exhibition, which was to be held from January 20-22, 2008. Major construction companies from all over the world were expected to reveal their projects worth over $190 billion.
The other event which is directly related to shopping malls and Dubai Hotels is Dubai Shopping Festival which is always expected to bring million of visitors from all over the globe. This is the history how hotel industry was grown in Dubai.
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