Dubai hospitality market to remain tough in 2019, says Emerald Palace Kempinski MD

Home News Dubai hospitality market to remain tough in 2019, says Emerald Palace Kempinski MD
Dubai hospitality market to remain tough in 2019, says Emerald Palace Kempinski MD

The hospitality market in Dubai will continue to experience tough conditions next year, according to Sebastien Mariette, managing director of Emerald Palace Kempinski and its sister property Kempinski Hotel and Residences Palm Jumeirah.

The 100,000 sq m property, which is set to open this week, pays homage to the palaces of 18th century Europe, boasts room rates starting at $760 (AED2,800) a night.

Speaking to Arabian Business, Mariette said he predicts a challenging year ahead, but said the new Kempinski will offer the right experiences to draw customers in.

Many people tell me that this is a tough period to open a hotel in Dubai, but I think this is a cycle. Yes, it is a bit challenging. 2018 was not an easy year and I dont think 2019 will be much easier, but if we are consistent when it comes to quality and value for money, we will get there. It might take 6-8 months, but if we offer the right experiences, we will get there, because we have the product, he said.

Read the full article at arabianbusiness.com