Dubai, the fast growing tourist destination has decided to overcome its room shortage that has been hampering the visitor growth, and will bring up an additional 22,000 hotel rooms towards end of next year. Last year Dubai had 415 hotels and furnished apartments, with about 40,000 rooms in various categories, as per reports from the Department of Tourism and Commerce Marketing (DTCM). DTCM's Director of Overseas promotion, Khalifa Ali Buamaim said "By end of 2008, we will have about 22,000 more hotel rooms made available in Dubai. If not for the lack of hotel rooms, we could have drawn more tourists during 2006." The current shortage of hotels in Dubai has resulted in surge of room tariffs. Bumaim, however, agreed that the hotel occupancy rates are as high as ninety percent during this year’s Dubai Summer Surprises, a 10-week tourism and shopping initiative targeting foreign visitor arrivals and boosting retail sales. In comparison to 6.1 million guests during 2005, the hotels in Dubai received 6.5 million guests during 2006. Top source markets included India, Germany, Saudi Arabia and Britain. Buamaim said that the DTCM targets markets such as Spain and South Korea to attract more visitors. "There will be an increase in the number of hotels from 303 to 325 this year, providing 8,370 rooms, with about seven new hotel apartments, and 1936 rooms," he said. As per the projection by DTCM, the hotel rooms in Dubai are bound to rise to 93,867 in number by the year 2016, by which, the Dh.100 billion Bawadi project in Dubailand, with its thirty one properties, will be ready. Bawadi, is one among the world's biggest hotel, planned to include 29,000 hotel rooms with 6,500 in Asia-Asia.According to DTCM, Dubai will witness 389 hotels and 131 hotel apartments by the year 2015.