The Rise of Dubai’s Mid-Range Hotels
The modern metropolitan city of Dubai is quite well known for its glitzy high-end hotels of five-star status, however lately it has been observed that there is a steady rise in affordable hotels.
This recent trend is partly due to the competition between both international hotel brands and growing local ones which, both aim to offer discerning guests a comfortable and convenient stay at competitive prices.
The rising occupancy levels are expected to exceed over 35,000,000 by the end of the year given that Dubai is anticipated to experience strong and sustainable growth in the hospitality sector in the coming years. Especially given that Dubai is the 4th most visited city in the world and over 20% of its GDP is achieved from the tourism market. Serviced apartments in Dubai including the likes of Oaks Liwa Heights too will be able to enjoy successful occupancy rates.