Global Arab Network | Qatar to invest bln in tourism through 2022

Translate this article to your language:

GANPublications

e-Publications

Add Site to Favorites

Add Page to Favorites

Make Homepage

Share This Page

RSS Feed

--------------------------------------------------------------------------------------------------------------------
| |

Qatar to invest $20 bln in tourism through 2022

Global Arab Network - - George Haddad

Tuesday, 23 August 2011 00:34

http://www.english.globalarabnetwork.com/images/stories/2010/Nov/The_Pearl_Qatar.jpg

Global Arab Network - Qatar will invest $20 billion to $25 billion in tourism infrastructure development over the next 11 years as it prepares to host the 2022 soccer World Cup, the head of its state-run tourism authority said on Monday.

Qatar's copious natural gas reserves have turned it into an economic powerhouse and the world's richest country per-capita, and driven its bold ambitions to lure visitors.

"This is mostly going to be in hotels, but also in parks and entertainment venues," the chairman of the Qatar Tourism Authority Ahmed Abdullah Al-Nuaimi told Reuters in an interview.

The country, which currently has 10,000 hotel rooms, will add an additional 5,500 this year with plans to reach 30,000 by 2013. 5,000 new rooms will come on stream each year through 2022, he said.

"Big names are coming into the market, including four-star brands and furnished apartments. Five hotels at the Pearl will start coming in the next three years: Four Seasons, Nikki Beach Hotel, one boutique hotel. Every brand in the world will be in Doha."
Read more at (Reuters)

Global Arab Network

Add comment

The opinions of the authors in articles published are theirs alone and do not necessarily reflect the views of Global Arab Network
------------------------------------------------------------------------------
Published comments are the opinions of private individuals and do not reflect the views of Global Arab Network