The chief executive of Emaar Hospitality Group has played down fears that Dubai may face a major oversupply of hotel properties in the coming year.

Marc Dardenne said that he was not concerned about fears that the emirate might suffer from having too many hotels - a concern voiced by some analysts.

'When you look at the new hotels that are opening they are really spread out over the whole city and they are coming in gradually, so I am not too worried about business,' he said in comments published by Ameinfo.

arabianbusiness.com