Mid-Market & Budget Hotels Eyeing Qatar
International hotel chains compete for space in Qatar, a growing number of mid-market and budget hotels have also been eyeing the landscape, hoping to get a piece of the FIFA 2022 action. More than US $100 billion worth of infrastructure is expected to be developed by 2022 including the construction of 77 new hotels and 42 hotel apartments in Qatar bringing a total of 21,107 new rooms into the Qatari hospitality market.
The growth of mid-range hotels in Qatar (and the greater Middle Eastern region) looks set to mirror Europe’s budget hotel growth twenty years ago, according to a recent report by consultancy Jones Lang LaSalle.
The country has already been tapping into the MICE market with two new conference centres that have been developed and a host of events taking place in 2012, from the World Travel Awards 'Grand Final Gala Ceremony' at Katara Cultural Village on January 11, 2012, to the UN environmental summit in December.
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