Hotel Industry Developments
Recent developments in the hotel industry see a rise in hotel construction with more than 4,000 hotel projects worldwide. Of this number, soon-to-be first-class hotels total to more than 2,000 projects while luxury hotels are more than 1,500. Asia tops the most number of hotel projects with more than 1,500 over other regions in the world. Most of the developments are set to happen in 2010, the largest of which will open in Dubai.
Some of these remarkable hotel constructions are expected to open in late 2009 in Thailand and Oman. Another hotel to wait will come in the middle of next year in Venice. The future for the hotel industry looks brighter in the next three years. By then, two of these remarkable new hotels will rise in Los Cabos, Mexico, and Dresden, Germany.
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