Bahrain to welcome US$10bn in accommodation investment by 2020

The island kingdom of Bahrain has announced that it is set to receive 15 new hotels and beachfront resorts by 2020.

The development will have a collective investment of over $ 10 billion and will put Bahrain firmly on the map as a desirable and competitive holiday destination.

Bahrain’s exciting new arrivals include world-renowned hotel brands such as One&Only, Wyndham, Fairmont, Vida, The Address, Ibis and Pullman, each set to make their entry over the next three years.

They will find themselves in excellent company as they join the destination’s other big names such as the Ritz-Carlton, Four Seasons and Sofitel.

The new hotels will make valuable additions to Bahrain’s existing portfolio of over 190 hotels and resorts.

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This includes 18 fantastic five-star hotels, 48 four-star hotels, 35 three-star hotels, 81 serviced apartments and 11 resorts.

These hotels currently offer a capacity of more than 16,500 rooms for visitors to the Gulf’s only island nation.

Commenting on the developments in Bahrain’s tourism and hospitality sectors, Khalid Al Rumaihi, chief executive at EDB, said: “These future investments in the hospitality sector will bring several new international hotel chains to the kingdom and raise the profile of existing ones.

“They are expected to increase hotel capacity in the country by around 4,000 hotel rooms, by 2020, as well as fill the gaps in the market, especially in the mid-market and luxury sector”.

He added: “These new developments will both help to meet rising demand and attract new visitors to the Kingdom. Bahrain showed strong growth in tourist numbers in 2016, witnessing a six per cent increase in the number of tourist arrivals, receiving 12.2 million.”

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