Qatar plans 21 new hotels for 2022 World Cup
Slew of hotel projects due for completion over the next five years
In the run-up to FIFA World Cup 2022, Qatar is opening 21 new hotels in Doha, due for completion in the next five years. More than half will be five-star and nine will be four-star, The Peninsula reported.
At present, 80% to 85% of the current 77 hotels in Qatar are four or five-star. According to the Ministry of Business and Trade, 45,000 additional hotel rooms will be built by 2017 to reach FIFA’s projected capacity requirement of 60,000 rooms.
Average occupancy rate for 2012 had fallen to 58% in comparison to 61% recorded over the same period in 2011, DTZ’s Property Times report (Qatar – Q3 2012) revealed.
This reduction is explained mainly by the 32% increase in hotel supply recorded over the first three quarters of 2012.
A further 50 hotels are being planned before 2020, of which 80% to 85% will be rated either four- or five-star. Qatar Tourism Authority (QTA) is planning to invest $17bn on tourism-related infrastructure projects over the next five years.