IBC Group creates inspirational living with 10,000 vacation homes in Dubai

Gulf News

Read the full story here: https://bit.ly/2mzM3Ol  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.

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