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Dubai hospitality report - H1 2015

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Dubai hospitality report - H1 2015

As sites for prime hospitality assets become more scarce, Dubai is seeing a shift towards the development of mid-market properties, underpinned by government incentives, a growing middle class in key source markets and the rise of a younger, more cash constrained guest profile. The advantages of developing midmarket hotels generally revolve around the notions of price stability and less volatile demand trends, which have proven to hold true at the local level.

Source : Knight Frank

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Keywords : Knight Frank