Qatar’s hospitality sector is experiencing substantial growth and is poised to achieve a total room supply of 53,400 by 2028.
This will include both ongoing construction and planned developments, according to global real estate consultancy Knight Frank. It is expected that more than 14,000 new hotel rooms will be made available within five years.
Faisal Durrani, Partner – Head of Research, MENA, said: “Qatar’s global appeal continues to edge upwards, with visitor numbers climbing 167 per cent in the first seven months of the year to 2.5 million, helping to boost average occupancy levels to 54 per cent. Clearly, this is helping to instill confidence in hotel developers and operators who are planning to add a further 14,400 keys to the city’s inventory in the next five years.”
Leading this growth are Qatar’s top six hotel operators, at the forefront is Marriott International, with an existing inventory of 5,430 rooms and plans to add 2,544 more, solidifying its position as a hospitality powerhouse in the region.
