GCC to open 48 hotels this year
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Forty-eight hotels will be built in the GCC this year according to new research released last week. Dubai-based research company Proleads said these hotels would open 14, 178 rooms at an estimated cost of US$7.3 billion. Fortunately figures from the International Air Transport Association (IATA) reveal the Middle East has the strongest air traffic growth in February 2010 at 25.8%, compared to a world average of 9.5% growth over the same month in 2009 proving that there will be sufficient air lift to fill these new rooms.
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