About 23,000 four- and five-star hotel keys in Qatar are at various stages of planning and construction to be completed prior to the 2022 FIFA World Cup, according to DTZ Qatar, a leading real estate services entity.

Hotel occupancy rates at Dana Al-Sadd exceeded 35% within a month after the luxury project opened its doors to the Qatari market, Dana Al-Sadd Real Estate Company announced on Sunday.

The hospitality sector in Qatar saw a higher occupancy year-on-year in November 2018; but hotel rooms’ yield was on the decline, according to Ernst and Young (EY), a global consultant.

Doha’s hospitality market experienced a 2% point decrease in occupancy, falling from 65% in 2015 to 63% in 2016, an EY survey shows.

Qatar will not see an oversupply of hotels in the country and will still be able to maintain good occupancy levels even after the 2022 FIFA World Cup, a hotel executive has said.