Stirling Hospitality Advisors anticipate hotel supply to double within two years amid unprecedented …

• The Emirate’s hotel pipeline will double by 2027, adding over 7,500 new keys with another 1,000 expected by 2030
• Branded residences sector to expand significantly, with 16 projects set to deliver approximately 5,600 units by 2029
• RAK’s strategic vision aims for 3.5 million annual visitors by 2030, exceeding initial targets

RAK, UAE – Stirling Hospitality Advisors, a leading boutique advisory firm in the region, has released the fourth edition of the RAK Investment Pulse report, highlighting the rapid growth of Ras Al Khaimah’s hospitality and real estate sectors. The latest research showcases the Emirate’s growing tourism sector, which has seen a robust increase in visitor numbers, a rapidly evolving hotel pipeline,…