Dream Inn boosts portfolio thanks to Expo 2020 demand

George Sell George Sell Uploaded 20 January 2020

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UAE: Increasing demand for holiday home rentals has seen Dream Inn increase its property portfolio by 25 per cent.

The company also welcomed the announcement by the UAE Government to introduce five-year holiday visas allowing tourists multiple entries into Dubai.

Dream Inn, founded three and half years ago, was one of the first companies in Dubai to offer high-end short stay apartment and villa rental combined with the five-star services of a luxury hotel, available through platforms such as Airbnb, Expedia, Booking.com and others as well as through its dedicated Dream Inn website.

It has acquired 40 new properties located across Dubai Marina, The Palm and Downtown Dubai, in response to consumer demand from the GCC nations and from the UK and Europe. They range from studio apartments to villas and five-bed penthouses, bringing its total number of properties to 200.

Founder and CEO of Dream Inn Steve Benchimol said: “We wanted to take advantage of the amazing opportunities that come with being a Dubai hospitality business, and the continued increase in tourism to this great city, which is being bolstered by an exciting 2020 calendar, including the Expo. The introduction of a five-year multi-entry visa for tourists will prove a major boost and will have a big impact on our offering.”

“Our new apartments and villas are in very close proximity to many of the key Dubai leisure and retail destinations, so we will be creating special packages that make staying with us a very viable, and in many cases, a highly tempting accommodation offer. In addition, we are also focusing on meeting the demands of the business travel market. 14,000 new companies sign up for Airbnb business travel services each week, with individuals and companies seeing the cost and practical advantages inherent in renting a serviced apartment, which offers privacy and flexibility. We are able to offer a true home from home environment – people are increasingly liking this way of travelling, whether it’s for a holiday stay or for a business trip,” Benchimol added.

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