Hoteliers predict that the emirate will be bustling with activity when the Cop28 world climate conference begins in November. Dubai is expected to experience a boom in winter tourism as hotel room rates climb and bookings soar.
A total of 70,000 tourists from all over the world are anticipated to visit the emirate during the key UN conference, which takes place from the 30th of November to December 12.
The National talked to hoteliers and business professionals who forecast that during each of the two weeks of a major event that will get worldwide notice, occupancy rates will soar.
According to a top expert, hotel rooms in Dubai have begun to sell out quickly because the convention’s opening weekend falls on the UAE’s National Day.
According to The National, the price of a hotel room for the first day of Cop28 are expected to be up to five times what they already do.
“Cop28 will ensure that the city is undoubtedly buzzing with activity,” said Kostas Nikolaidis, the account manager for the region’s Middle East and Africa at the hotel analytics provider STR. “Cop28 in addition to UAE National Day on a Saturday, the second of December, and along with every other celebration taking place throughout Dubai during this at busy the cold period, will make sure the city is buzzing with activity.”
Nearly 30% of all lodging options are already reserved for both the initially scheduled couple of days of Cop28 and New Year’s Eve, according to data on hotel demand.
The demand is anticipated to increase as the two days approach. Without a doubt, these days will result in a stellar performance for Dubai’s hotel sector.
As expected, a Saturday, December 2, which happens to be National Day, has received the highest reservations so far. According to information provided by CoStar, the parent firm of STR, about one-third of all lodging options in Dubai had already been reserved for that evening.
For the opening night of Cop28, scheduled for Thursday, November 30, almost 32% of all rooms in Dubai have already been reserved.