Expected surge in three and four-star properties following Expo 2020 win
Time Out Dubai staff
Following the Expo 2020 win, hospitality industry insiders are anticipating a rise in the number of mid-range and budget hotels opening up in the emirate, as it aims to boost tourism figures.
The prediction comes hot on the heels of a pledge by the Department of Tourism & Commerce Marketing to scrap the ten percent Municipality fee for three and four-star hotels built between now and 2017. The Expo site itself has seen a flurry of developers launch projects nearby, the latest of which is Damac, which will build a block of 270 serviced apartments, the prices for which will start at Dhs610,000.