Dubai hotel rates unlikely to return to peak levels, says expert

21 February 2010

Dubai hotels will probably never be able to achieve the peak rates that they had experienced prior to the current downturn, Julian Kemp, associate director, CBRE Hotels EMEA, said today in a statement. Rate increases will be hampered by the large amount of hotel rooms due to open in Dubai and the ability of people to negotiate better rates on both a corporate and leisure basis, he noted.

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