Dubai hotels excel in profit levels in the region in 2013
Hotels in Dubai reported the highest profit levels in the region in 2013 for the fourth consecutive year, and ended the year with occupancy above 80 per cent as rates surged, according to the latest HotStats survey of full service four and five star hotels in five Mena markets by TRI Hospitality Consulting Middle East.
Dubai adds 2,950 branded hotel rooms in upbeat 2013
Dubai’s hospitality market has rapidly absorbed this influx of new supply and continued to perform exceptionally well, as RevPAR has only declined by 0.3 per cent, according to Ernst & Young’s Middle East Hotel Benchmark survey.
Dubai hotels record fastest average daily rate growth
Hotels in Dubai recorded the biggest increase in average daily rate, or ADR, in the Middle East/Africa region in November to underscore the emirate’s position as the fastest growing hospitality hub of the region.
Marriott eyes 10,000 rooms in Dubai by 2020
Marriott International’s plans to increase the number of hotel rooms in Dubai to 10,000 by 2020 have been underpinned by the UAE’s successful Expo 2020 bid, a senior executive of the hotel group has said.
Ramada Downtown Dubai launches new website
Ramada Downtown Dubai hotel has launched a new user-friendly website featuring a virtual tour and pictures of rooms and dining and recreation facilities.
Pullman Dubai Deira City Centre Hotel Officially 5 Stars
Pullman Dubai Deira City Centre celebrates its official 5 Star rating as announced by The Department of Tourism and Commerce Marketing (DTCM).
New rule for Dubai hotels
Dubai’s ruler Sheikh Mohammed bin Rashid Al Maktoum has issued a new law to regulate the licensing and classification of hotel establishments in the Emirate.
Dubai frontrunner to buy underwater ‘Discus’ hotel: report
Construction of the Water Discus Hotel will start this year in Gdynia, Poland, with Dubai and the Maldives showing interest in purchasing of the prototype, according to information published by a Polish government agency.
World’s tallest hotel apartment in Dubai Marina by 2013
The 432-metre high, Marina 101, in Dubai Marina, billed as the world’s tallest serviced hotel apartment building, will be completed before end of 2013, according to its developer.
Dubai hotels boast strong jump in revenue
Hotels in Dubai have reported a strong double-digit increase in revenue per available room (RevPAR) while those in Abu Dhabi have continued on their downward spiral in the first half of the year, according to the latest report by Ernst & Young.