The V&A Waterfront has confirmed its intention to develop a mid-market, internationally-branded hotel in the forthcoming year.
Top Trends is JLLs forecast of the major trends that will characterise the real estate market in the UAE in the year ahead. Now in its 7th year, our recently released Top Trends for 2014 reviews the likely trends that will influence the development, funding, sale, leasing, management and valuation of real estate in the UAE and how these trends will impact upon the office, residential, retail and hotel markets in both Dubai and Abu Dhabi.
Among the Chain Scale segments, the Upper Upscale segment accounted for the largest portion of rooms in the total active pipeline (33.8 percent) with 43,183 rooms.
The Middle East/Africa region reported positive performance results during January 2014 when reported in U.S. dollars, according to data compiled by STR Global.
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