Hotels to spend $37 billion on interior fit-outs by 2010

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While the Arabian Gulf construction boom may be reaching a peak, the world's major suppliers of furniture, fixtures and fittings to hotels and resorts are descending on Dubai in pursuit of multi-billion dollar contracts, according to industry experts.  They are chasing contracts worth a cumulative total across the region in excess of $37 billion for fit-outs between now and 2010.

The peak in construction projects across the Gulf Co-operation Council (GCC) countries comes at the end of an aggressively steep three-year climb.  As the initial construction phase slows down, budgets for the interior fitting out of hotels and resorts kick in and are set to increase tenfold across the region by 2010.

Database analysis by The Hotel Show research partner Proleads shows that, led by development in the United Arab Emirates, spending across the GCC on hotel and resort fit-outs, including furniture and fixtures, electrical, kitchen and laundry equipment, sanitary and light fittings and garbage disposal systems, is on track to hit a cumulative total in excess of $37 billion between now through to 2010.

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