While all of the Group’s Dubai hotels are now open and have been granted the ALLSAFE certification, our development projects are growing to adapt and cater to the tourist potential within the region.
China’s hotel construction pipeline hits all-time high
Analysts at Lodging Econometrics report that at the end of the first half of 2019, China’s total construction pipeline swelled to 2,991 projects/592,884 rooms, up 19% by projects and 7% by rooms year-over-year (YOY), both at all-time highs, amidst an economic slowdown.
GBI AG, Germany’s largest developer of hotels, increases its project volume
GBI AG is again by far Germany’s largest project developer for hotels in 2019. @GBI_AG
