Dubai has fast become a favorite holiday and business destination for international visitors and the hospitality industry is thriving. With this particular many visitors to the nation, the hotel sector has seen a rapid increase of bookings causing hotels to introduce over 1000 additional hotel rooms in Q4 2013 and another 5,500 additional hotel rooms scheduled for completion in 2014.

The UAE is amongst the most truly effective five countries on earth for new hotel development. Currently the occupancy rate is steady at a solid 85%, a rise of 3.9% set alongside the same period in 2012 across budget and 5 star hotels.

The vibrant hospitality sector in Dubai continued to outperform other markets in the region by recording strong growth across all key performance indicators. The Dubai hotel market achieved the greatest RevPAR since 2008 in 2010 and average daily rates marked a 5.2% increase from 2012 which remain gradually increasing due high demand, making Dubai among the strongest performing hotel markets globally.

Dubai International Airport has recently overtaken Heathrow Airport whilst the busiest airport on earth with over 18 million international passengers passing through the hub in Q1 of 2014 alone, an 11.4% increase from the same period last year. The near completion of Al Maktoum International Airport with a convenience of 160 million annual passengers is set to be the biggest airport on earth, providing the nation with the capability to accommodate a vast increase in visitors.

With the EXPO 2020 win, the staggering growth in the hotel sector is expected to keep to appeal to the anticipated 25 million EXPO 2020 visitors. The expansion of the Dubai hospitality industry is on the right track to improve capacity to over 160,000 rooms.

Within days gone by two decades,parkside by emaar Dubai has grown becoming a leading global business hub, commanding a vital position in the global real estate, tourism and business markets. Dubai's modern infrastructure, convenient location, myriad of recreational activities and tolerant social values allow it to be a welcoming and comfortable city to produce your home.

Just like the remaining portion of the world, Dubai's growth suffered as a result of the economic downturn of 2009 but a new progressive chapter is unfolding, implanting a stronger sense of optimism, confidence and growth in the united kingdom, it's people and it's visitors. Local monetary concerns led to a significant restructure of financial policies, that has subsequently, created an economy that's now more transparent, accountable and dependable. Dubai's success is on the basis of the vision and commitment of its inspirational leaders, who ingrain the feeling of assurance and spirit into the nation.