
Cities have their decades: Paris in the 1890s; New York in the 1930s; Los Angeles in the 1950s; or Singapore in the 1990s.
So where is it happening in the 21st century’s first decade?
From a collection of small villages on the
shores of Dubai Creek, in less than 50 years
Dubai has become one of the fastest
developing cities in the world. With its
year-round sunshine and exceptional
infrastructure, Dubai is embracing
remarkable growth. Here is a city where
breathtaking skyscrapers, high-tech
business parks, championship golf courses,
vast convention halls and exhibition
centres, indoor ski slopes and enormous
shopping malls co-exist with some of the
world’s most glamorous beach resorts.
The Palm Jumeirah island can be seen from
space and has been followed up with
another immense land-reclamation project
– The World – where investors can buy their
'country' of choice, on islands that form a ‘map’ off the coast. The equally remarkable
Palm Deira, The Palm Jebel Ali and Dubai
Waterfront are under construction. Burj Al
Arab is a spectacular structure and the first
seven-star hotel in the world. Dubai
demands - and gets - attention.
Dubai is moving from strength to
strength. Tourism - undisputed forerunner
of the many industries thriving on the
city's incredible growth - is fuelled by the
increase of outstanding hospitality
developments and integrated resorts,
together with aggressive global marketing
of the ‘Dubai’ brand.
4-Star and 5-Star hotel occupancy rates
in Dubai were in excess of 90% and 85%
respectively in 2004, highlighting the
current lack of upscale hotel
accommodation in the market.
With dual competencies in the real estate
and hospitality industries, IFA Hotels &
Resorts is uniquely positioned to meet
this future demand.
|