Dubai has more hotels under construction than any other city in the world, according to a new report by hotel projects tracker, tophotelprojects.com
The Middle East tourist hotspot currently has a massive 97 hotels under development and 35,154 rooms due to come online, more than its rival getaways New York (43), Berlin (49) and even Las Vegas (17).
"The hotel construction and investment figures indicate the continuously growing tourism development, in terms of leisure as well as business activities in the Arab region," said a spokesperson from tophotelprojects.com
"It is a true success story - so to speak."
The figures, released on Wednesday, are in line with the latest Jones Lang LaSalle Dubai Real Estate Market Overview which said the hospitality sector was the only real estate market to see growth in the second quarter of this year.
Whilst occupancy rates grew 81 percent, declines in average daily rates (ADR) ground to a holt thanks to an upward trend in tourist arrivals.
"While economic recovery [in Dubai] will be gradual, the bottoming out of hospitality in Dubai is positive and reflects buoyant tourism and economic trends," said Jesse Downs, head of management consulting at JLLS.
According to the report by tophotelprojects.com, which analysed over 4,300 projects worldwide, the Northern emirate is closely followed by UAE capital Abu Dhabi, which has a huge 66 hotels under development and 21,572 rooms due to come online.