By Mohamed S Al Geziry

Hospitality

Development in the Region

Kuwait

Qatar

Saudi Arabia

Bahrain

UAE

Oman

The Region

Unprecedented Growth

in

Hospitality Development

But!

Is it a

Bubble?

Is it

Sustainable?

A challenge to

determine

in 15 Minutes!

The Dubai

Experience

In 1989 Dubai Established the Dubai Commerce & Tourism Promotion Board, a successful alliance between the Government and the Private Sector

In 1997 The Department of Tourism and Commerce Marketing was established a full fledge Government Department and was charge with the Marketing, Promotion and regulation of the Trade.

عددنمو الزوار

1,782.0 3,064.74342.3

5,400

0.0

1,000.0

2,000.0

3,000.0

4,000.0

5,000.0

6,000.0

1997 2001 2003 2004

('000)

Visitor Numbers – 2004

عدد الفنادق

157

346

364

371

050

100150200250300350400

1992 1997 2001 2003

Hotel & Hotel Apartment

العائدالفندقي

0.86

1.96

2.79

4.02

0.00

0.50

1.00

1.50

2.00

2.50

3.00

3.50

4.00

4.50

AED

Billions

1992 1997 2001 2003

Hospitality - Revenues

Dubai International Airport - 2004

Passengers: 21.7 million 20.2%

Cargo: 1,169,285 tons 21.5%

Aircraft Movement: 195,820 12.3%

Tourism Contribution to GDP

• Direct 17%

• Overall 29%

To Make this success story Sustainable:

Clear Vision & DirectionExcellent PlanningInfrastructure including

Hospitality Development, Air Access

Extensive Marketing

المساهمة في الناتج القومي

Clear Investment Policies Encouraged FDI Uncomplicated and E-

enabled Management of the Tourism Sector

Government / Private Sector Relationship

تطورات البنية التحتية

The Following slides will show some of the new

projects in Dubai

Iconic Projects

Residential and Tourism Projects

Residential, Tourism & Trading Projects

Shopping

Residential

Residential and Tourism Projects

Residential or Tourism Projects

Residential or Tourism Projects

Residential or Tourism Projects

النخيل

Residential and Shopping

Burj Dubai

The Tallest Tower in the World

MASTER PLAN

Terminal Facilities by 2006 - 2008

Airfield Facilities by 2002 – 2006

Cargo Facilities by 2004 - 2006

Complete Expansion by 2008

TERMINAL 3TERMINAL 3

The Airport City… Jebel Ali

Vital role in promoting tourism

Flies to 54 countries and lands in 77 destinations

Award winning Airline – more than 200 international awards

Dubai Water Front Project

I guess we can go on

forever!

The question now remains for you to

answer!

Is it a

Bubble?

I think it is!

But what kind of a Bubble is it?

B Brilliant, Best, Breathtaking,

U Unique, Unforgettable, Unmatchable

B Beautiful, Blows your mind away

B Biggest, Beyond imagination

L Luxurious, Lively, Lucrative

E Excellent, Elegant, Exceptional

Thank you!