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Khurram Shroff speaks about the holiday home market in the run up to Expo 2020 Dubai
See more videos at https://gulfnews.com/videos
Khurram Shroff speaks about the holiday home market in the run up to Expo 2020 Dubai
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00:00We look forward to the growing demand in Dubai across the GCC, not only because of the Expo 2020,
00:08which we believe across the region is the $32 billion, $35 billion hospitality market,
00:14out of which about $7 to $8 billion is just the UAE. And we believe that Dubai is a hub for global
00:21travel, so Dubai's demand is going to keep growing. Currently, there's only 10,000 holiday homes
00:27registered in Dubai, so we're doubling the supply of holiday homes across the UAE. We're very
00:33excited to be part of this growing industry of holiday homes. We are planning for the next 10
00:43years. We believe that Dubai, especially that Dubai's market is on the rise over the next 10
00:49years. Why we believe that is the more and more Muslim travelers are traveling Dubai is the type
00:55of infrastructure, hospitality infrastructure that Dubai has, is part of anywhere in the world.