araco oversees start of construction of new hotel
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

in Business Bay

ARACO Oversees Start of Construction of New Hotel

Arab Today, arab today

Arab Today, arab today ARACO Oversees Start of Construction of New Hotel

Abdul Rahim Architectural Consultants (ARACO).
Dubai - Arab Today

Abdul Rahim Architectural Consultants (ARACO), a leading engineering consultant in design and project management in the UAE will begin its supervisory role on the newly started construction of an approved hospitality project in Dubai’s Business Bay.

 

The four-star hotel which is designed to meet standards and classifications outlined by the Dubai Department of Tourism and Commerce Marketing will be one of the newest hospitality projects in the city’s buoyant and growing tourism and travel sectors. With big projects such as the Expo 2020 on the horizon, and Dubai’s growing prowess as a destination for business and luxury travel, the sector is in need of hotels and leisure projects.

 

At present, Dubai accounts for 30.3% of hotel rooms or hotel keys in development, which translates to 29,200 keys at the end of October 2017 according to a recent report by STR—a data benchmarking, analytics, and marketplace insights company for the global hospitality industry. This figure is the highest for the MENA region outpacing Saudi Arabia, and spread across 95 hotel projects in Dubai over the coming years.

 

The frenzied development of new hospitality projects should be understood in the context of the UAE’s projected growth in the tourism and travel industry for the next decade which outpaces the 4% expected in the global sector. According to the World Travel and Tourism Council, the growth of the tourism sector in UAE at CAGR of 5is expected to reach over AED 260 billion by 2027. As a factor of the UAE’s GDP, the tourism and travel sector will make up 12.4% boding well for the country’s ongoing economic diversification strategies.

 

“Over the years we have been involved in many hospitality projects working for renowned brands, operators, owners, and construction companies. This time round as well, we are happy to be working with our counterparts in providing more choices and opportunities in Dubai’s strong hospitality sector,” commented Bader Abu Shaaban, Head of Business Development, ARACO.

 

Construction on the new hospitality project is set to begin this month with expected completion in 21 months. The hotel will add a further 228 rooms, and 16 suites to Dubai’s hospitality sector. The total built up area is anticipated at 235,000 sq ft across the 17-floor hotel which will also consist of 1 basement, the ground floor, and 2 parking floors.

 

 

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

araco oversees start of construction of new hotel araco oversees start of construction of new hotel

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

araco oversees start of construction of new hotel araco oversees start of construction of new hotel

 



GMT 06:41 2017 Tuesday ,12 December

'The Shape of Water' leads Golden Globes nominations

GMT 18:57 2016 Friday ,04 November

Historic climate pact enters into force

GMT 15:49 2017 Monday ,27 March

Moroccan Economy to Improve in 2017

GMT 17:30 2017 Saturday ,18 March

Erdogan hits out at Dutch over Srebrenica massacre

GMT 16:40 2012 Wednesday ,16 May

Egyptian actors morph into characters

GMT 23:39 2017 Tuesday ,21 November

Mohamed bin Zayed receives artists participating

GMT 15:28 2017 Monday ,10 April

Bangladesh militants to be hanged soon

GMT 20:40 2017 Tuesday ,11 April

Gunmen storm house of Libyan CB governor

GMT 12:38 2017 Wednesday ,15 November

Bill Gates giving $50 million for Alzheimer's research

GMT 06:03 2015 Thursday ,13 August

NBCUniversal pumps $200m into Vox Media

GMT 08:43 2017 Wednesday ,27 December

Minister discusses electricity, water services with MP

GMT 10:58 2017 Wednesday ,08 November

Al-Azhar's imam meets pope, vows to fight terrorism

GMT 23:43 2017 Wednesday ,04 October

UN: Half a million Rohingya arrive in Bangladesh

GMT 04:40 2017 Thursday ,19 January

Masdar signs agreement with two Qatari power companies

GMT 06:09 2016 Wednesday ,28 September

Households' cash surplus in S.Korea drops on home purchase
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday