By WAM www.emirates247.com
More than 276 hotels and hotel apartments are located within 2km of one of five mega shopping malls in Dubai, a market research conducted by Reed Travel Exhibitions, organiser of Arabian Travel Market 2013 (ATM) which takes place at Dubai World Trade Centre from 6-9 May, has shown.
“The original research was conducted to look at how urban tourism has grown exponentially over the past two decades and how the retail landscape has expanded in parallel, to mark ATM’s own twentieth anniversary celebrations,” said Mark Walsh, Portfolio Director at Reed Travel Exhibitions.
“Five of the leading shopping malls in Dubai were identified and ATM researched the number of hotel and hotel apartments within a 2km radius of each of them, or in other words a five-minute taxi ride,” he added.
According to Alpen Capital, retail sales in the Gulf region will hit $270 billion in 2016, which it puts down in part to an expanding tourism and hospitality industry. Nowhere is that more evident than in Dubai, which is home to five of the region’s largest shopping malls, namely Dubai Mall, (the region’s largest), Mall of the Emirates, Al Ghurair Centre, Burjuman Centre, and Deira City Centre. More info