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Hospitality Industry to Drive UAE Construction Industry

Nov 22, 2010
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According to our research report “UAE Construction Industry Outlook to 2012”, the UAE has one of the fastest growing hospitality in the Middle East. With the expansion of tourism and hotels during the past few years, demand for infrastructure and tourism projects has spurred in the country. As a result, several new projects have been announced to tap the opportunity created by the growing demand for hotels and amusement & theme parks. With growing number of tourist arrivals in the region, it is expected that the tourism sector will grow at a CAGR of around 7% during 2008-2018.
 
As per our research, aggressive promotional campaigns by the government at the regional level and huge investments by the government will contribute to the growth of tourism in the country. Along with this trend, various other strong fundamental drivers discussed and analyzed in the report will enable this segment to sustain its upward growth trend in the coming years.
 
Further, our study shows that the UAE infrastructure industry has been experiencing massive increase in the number of projects from public, private, and the government organizations. Our report also provides a detail analysis on these verticals of industry with focus on investments and under construction projects. The report also presents future outlook on these verticals.
 
Additionally, the report has analyzed all the emerging trends including important drivers and key challenges confronted by the UAE construction industry. It has also identified possible growth areas in the UAE infrastructure industry. The report presents a complete and coherent analysis of the performance of the UAE construction industry.
 
Our report UAE Construction Industry Outlook to 2012 provides extensive research and in-depth analysis of the market drivers, industry restraints, investment opportunities, and key challenges. Further, it has elaborated future investments projects in the construction industry, with focus on segments such as, hospitality, retail, real estate, & healthcare. In addition, the report presents future outlook of the industry. Our study of the competitive landscape of the industry will present an unbiased market picture that will prove decisive for clients.

For more information visit: http://www.rncos.com/Report/IM183.htm

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