http://www.thenews.com.pk/daily_detail.asp?id=4494
Dubai to build world’s ‘longest’ hotel strip
DUBAI: The booming Gulf city state of Dubai will add another feather in its cap with the construction of world’s longest hotel strip at a cost of 27 billion dollars, developers said Monday.
“Bawadi” will feature 31 hotels, many theme-based, offering more than 29,000 rooms projected to host 3.3 million guests by 2016, said Saeed al-Muntafiq, chief executive of Tatweer, which will develop and manage the project.
The development will be built on a 10-kilometer strip of land with total investment estimated at 100 billion dirhams (27.2 billion dollars), Muntafiq told reporters and tourism industry executives. Tatweer, which is part of Dubai Holding, a conglomerate owned by the government of Dubai which oversees mega projects in the emirate, will invest 40 billion dirhams (10.9 billion dollars), with the rest expected to come from investors.
The first phase of the project will be completed in 2010 and the final phase will finish four years later. Dubai, which attracted more than six million tourists last year, is in the midst of a construction frenzy, with resorts, malls, sports installations and residential complexes sprouting up across its desert sands. One of the seven members of the United Arab Emirates federation, Dubai has made plans to receive about 15 million visitors a year from 2010.