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Dubai boasts luxury, beachfront and desert hotels Dubai boasts luxury, beachfront and desert hotels

WTM: Airbnb Having Minimal Impact on Middle East Hotels

While most hotels worldwide face competition from Airbnb, the Middle East conversely enjoys a rapid hotel development boost, according to World Travel Market (WTM).

There are many factors to this; for example, the Dubai’s Department of Tourism and Commerce Marketing (DTCM) has set strict rules before owners can list their properties on Airbnb. They are also strict when enforcing a AED5,000 (USD 1,361) penalty fee to pay to authorities should a property owner break any rules.

WTM reported that the Middle East makes hotels of all ranges at least a couple of stars higher than their global counterparts. 

Going forward, with a combined target of 75,070 rooms, the UAE and Saudi Arabia is said to have the most active hotel construction areas across the region. According to a STR (Smith Travel Research) Global Hotel Study, as of August 2017, there are 583 hotel properties being developed under contract within the Middle East, the majority of which are slated to open by 2020.