Half is empty or half full: in Dubai there is an unprecedented desert in hotels

The loading of hotels in Dubai in July fell to a record low in the last 18 years - more than half of the rooms are empty, Bloomberg reports. More and more hotel rooms are appearing in the emirate, while the demand for them is reduced, experts from the STR Global research company note.

The indicator fell by 11.8 percentage points compared to last year, up to 45.4%. The company has never observed such a low workload since she began to conduct market statistics in Dubai. The yield of hoteliers from the room fell 7.4%in July.

Meanwhile, Dubai, who is known for his luxurious hotels, plans to increase the number of hotel rooms by half by 2020, as the tourist flow expects an increase in the tour. It is planned that by that time the emirate will have 160 thousand hotel rooms, while most of them will belong to the category of three- or four-star hotels, and not the luxury class, representatives of the local market noted earlier this year.

We add that according to the Bloomberg rating , Dubai is the second city in the world for the high cost of prices in hotels. On average travelers going to rest in Dubai have to pay about $ 273 per day. In this indicator, the emirate is second only to Swiss Geneva, where the average cost of a hotel room is $ 300.