Dubai's fast-expanding portfolio of hotels and hotel apartments have reported the highest occupancy rate in the world between January and September 2005.
Deloitte and Smith Travel Research have put Dubai on top with an 86 per cent hotel occupancy rate followed by New York with 82.7 per cent and Singapore at 80 per cent.
Dubai hotels have also been ranked the first in the world in terms of generating the highest revenue per available room, at $175.47, according to Global Lodging Review.