Hotel construction slows down in Iranian capital city

Business Materials 30 March 2018 15:06 (UTC +04:00)

Tehran, Iran, Jan. 30

By Kamyar Eghbal – Trend:

The process for the construction of new hotels in the Iranian capital city of Tehran has slowed down, an official with the association for hotels in the megacity told Trend.

“Over the recent years permissions have been issued for building about 80 new hotels but only 30 construction projects have been launched,” Mohammadali Farokhmehr, the head of the Iran Hotel Association said.

Saying that the construction of hotels in the earlier years witnessed a better space, he added that all these projects have been backed by domestic investors.

According to the official, 123 hotels are currently serving people in Tehran, but about half of the capacity of hotels in the capital city remained empty over the last fiscal year which ended on March 20.

“On average, the occupancy rate of Tehran’s hotels over the last year was 45-50 percent,” Farokhmehr stated.

He further added that fears over a possible earthquake as well as high level of air pollution in the capital city discouraged travelers from visiting the capital city.

An earthquake of magnitude 5.2 struck a town near the Iranian capital Tehran last December. Heavy air pollution shrouded capital Tehran’s sky over the last year, shutting down schools in Tehran for a couple of days. The air quality index of Tehran in this period hit 178, far beyond the acceptable threshold of 50.

Back in December 2017, the Cultural Heritage, Handicraft and Tourism Department said that a total of 160 hotels were being built in Iran.