1. By Mohamed S Al Geziry Hospitality Development in the Region

2. Kuwait Qatar Saudi Arabia Bahrain UAE Oman The Region

3. Unprecedented Growth in Hospitality Development

4. But !

5. Is it a Bubble?

6. Is it Sustainable?

7. A challenge to determine in 15 Minutes !

8. The Dubai Experience

9. In 1989 Dubai Established the Dubai Commerce & Tourism Promotion Board, a successful alliance between the Government and the Private Sector In 1997 The Department of Tourism and Commerce Marketing was established a full fledge Government Department and was charge with the Marketing, Promotion and regulation of the Trade.

11. نمو عدد الزوار Visitor Numbers – 2004

12. عدد الفنادق Hotel & Hotel Apartment

13. العائدالفندقي Hospitality - Revenues

14. Dubai International Airport - 2004 Passengers: 21.7 million 20.2% Cargo: 1,169,285 tons 21.5% Aircraft Movement: 195,820 12.3%

15. Tourism Contribution to GDP Direct 17% Overall 29%

16. To Make this success story Sustainable:  Clear Vision & Direction  Excellent Planning  Infrastructure including Hospitality Development, Air Access  Extensive Marketing

17. المساهمة في الناتج القومي  Clear Investment Policies  Encouraged FDI  Uncomplicated and E- enabled Management of the Tourism Sector  Government / Private Sector Relationship

18. تطورات البنية التحتية The Following slides will show some of the new projects in Dubai

19. Iconic Projects

20. Residential and Tourism Projects

21. Residential, Tourism & Trading Projects

22. Shopping

23. Residential

24. Residential and Tourism Projects

25. Residential or Tourism Projects

28. النخيل Residential and Shopping

29. Burj Dubai The Tallest Tower in the World

30. MASTER PLAN   Terminal Facilities by 2006 - 2008  Airfield Facilities by 2002 – 2006  Cargo Facilities by 2004 - 2006  Complete Expansion by 2008

31. TERMINAL 3 TERMINAL 3

32. The Airport City… Jebel Ali

33.  Vital role in promoting tourism  Flies to 54 countries and lands in 77 destinations  Award winning Airline – more than 200 international awards

35. Dubai Water Front Project

36. I guess we can go on forever !

37. The question now remains for you to answer !

38. Is it a Bubble?

39. I think it is!

40. But what kind of a Bubble is it ?

41. B Brilliant, Best, Breathtaking, U Unique, Unforgettable, Unmatchable B Beautiful, Blows your mind away B Biggest, Beyond imagination L Luxurious, Lively, Lucrative E Excellent, Elegant, Exceptional

42. Thank you !