Dubai EXPO 2020 for investors
shared by tipsinvestment on Dec 11
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Dubai is celebrating winning its World Expo 2020 bid, after being selected by officials from the member nations of the Bureau International des Expositions. The emirate beat strong competition from th...
ree other candidate cities, São Paulo (Brazil), Izmir (Turkey) and Ekaterinburg (Russia) to become the first place in the Middle East to host the prestigious international event. The World Expo, which is held every five years, is set to have a huge impact on the city's property values and hotel industry.
While over 10 million people visited Dubai in 2012, officials forecast that 25 million could flock to the city during the six months of the World Expo alone, providing a massive boost to the city's tourism. This is a really exciting time for investors in Dubai's hotel industry, given the soaring numbers of visitors that are predicted to come to the city for the World Expo 2020.
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