Dubai hotels report highest profit ranges

Hotels in Dubai reported the highest profit levels in the region in 2013 for the fourth consecutive year, according to ATTEMPT Hospitality Consulting.

Gross Operating Profit Per Available Room (GOPPAR) for 2013 increased ten. 3 percent to $206, average Room Rates (ARR) for the calendar year were up by 6. 5 percent to $324 and RevPAR has been up by 7. 6 percent for the same period.

Within the first nine months of 2013, Dubai government figures revealed that will Dubai hotels had welcomed 7. 9 million visitors, year-on-year increase of almost 10 percent and due, in part to longer average stays, visitors spent $4. 2 billion an increase of 17 percent compared to the same period in 2012.

According to Dubai International Airport, annual traveler traffic also rose to sixty six. 4 million in 2013 a boost of 15. 2 percent, with 28 new routes in 2013, it now serves a total associated with 239 destinations.

“The Dubai success story continues with increases right across the board, ” said Mark Walsh, portfolio movie director, Reed Travel Exhibitions.

“It is difficult to imagine that development slowing anytime soon, especially with Standard Chartered Bank estimating that at least $9 billion will be invested in Dubai’s infrastructure ahead of the Expo 2020, ” he said.

“Indeed the Dubai Corporation for Tourism and Commerce Marketing has been established to promote brand Dubai around the world plus armed with a considerable budget. Hotels can pay a new ‘Tourism Tax’ of up to AED 20 per room per evening, to fund the endeavors of the DCTCM, as Dubai focuses on its 20 million visitor target by 2020, ” added Walsh.

Meanwhile, the annual Arabian Journey Market (ATM) road show found its way to Dubai on Thursday at the Dubai World Trade Center.

Dubai is the penultimate stop of the six Middle East destinations getting visited by the ATM team during its week-long roadshow which got in Bahrain, Kuwait, Lebanon plus Oman with Riyadh to come in a few days.

In a separate statement, Mohamed Ali Al-Noman, chairman, the Sharjah Commerce and Tourism Expert (SCTDA) has hailed the positive effect of the Sharjah Light Festival on hotel occupancy rates in Sharjah which touched as high as 90 percent since the Festival was launched at a number of locations across the Emirate including the East Coast.


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Hotels in Dubai reported the highest profit ranges in the region in 2013 for the fourth consecutive year, according to TRI Hospitality Consulting.

Gross Operating Profit Per Available Room (GOPPAR) for 2013 increased 10. several percent to $206, average Room Rates (ARR) for the year were up by 6. 5 percent to $324 and RevPAR was up by 7. 6 percent for the same period.

In the very first nine months of 2013, Dubai government figures revealed that Dubai hotels had welcomed 7. 9 million visitors, year-on-year increase associated with almost 10 percent and due, simply to longer average stays, guests spent $4. 2 billion a boost of 17 percent compared with exactly the same period in 2012.

According to Dubai International Airport, annual passenger visitors also rose to 66. four million in 2013 an increase associated with 15. 2 percent, with twenty-eight new routes in 2013, this now serves a total of 239 destinations.

“The Dubai success story continues with increases right across the board, ” mentioned Mark Walsh, portfolio director, Reed Travel Exhibitions.

“It is difficult to imagine that growth decreasing anytime soon, especially with Standard Chartered Bank estimating that at least $9 billion will be invested in Dubai’s facilities ahead of the Expo 2020, ” this individual said.

“Indeed the Dubai Corporation for Tourism plus Commerce Marketing has been established to market brand Dubai around the world and armed with a considerable budget. Hotels will pay a new ‘Tourism Tax’ of up to AED 20 per room per night, to fund the endeavors of the DCTCM, because Dubai focuses on its 20 mil visitor target by 2020, ” added Walsh.

Meanwhile, the annual Arabian Travel Marketplace (ATM) road show arrived in Dubai on Thursday at the Dubai Entire world Trade Center.

Dubai is the penultimate stop of the six Middle East destinations being stopped at by the ATM team during its week-long roadshow which took in Bahrain, Kuwait, Lebanon and Oman with Riyadh to come next week.

In a separate statement, Mohamed Ali Al-Noman, chairman, the Sharjah Commerce and Tourism Authority (SCTDA) has hailed the positive impact of the Sharjah Light Festival on hotel occupancy rates in Sharjah which usually touched as high as 90 percent since the Festival was launched at a dozen places across the Emirate including the East Coastline.

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