New hotels to spend more than $1.25bn on kitchens

Hotel owners and operators across the Gulf are forecast to spend more than $1.25 billion (Dh5bn) this year and the next on kitchens and laundries for new properties, according to a new data from Proleads, a market research company.

The UAE is forecast to take a lion's share of the total GCC budget this year at more than $427 million. This will fall to just more than $390m in 2010 as more hotel projects are completed. However, Proleads forecasts continued growth in kitchen and laundry budgets in new hotels across other GCC countries.

"While globally the hotel sector is experiencing something of a slowdown, substantial new business is available for hotel equipment and service providers in what is still a regional growth industry," said Maggie Moore, Exhibition Director of The Hotel Show.

"In global terms, the Middle East is one of the few regions where hotel kitchen equipment suppliers can find new markets," Moore added.

Kitchen and laundry equipment accounts for 2.12 per cent of the value of a hotel project.

 

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