Another new hotel opens in Dubai

17/10/2012 - Dubai Property News Posted by Bob Brunskill
Another new hotel opens in Dubai

Yet another brand new hotel has opened its doors in Dubai, as the demand for rooms in the emirate continues to grow sharply.The Armada hotel has been erected within the Dubai Investments Park (DIP) - the largest mixed-use development in the UAE.Spread over 200,000 sq ft, the 252-room property will primarily provide affordable accommodation for corporate visitors.Dubai has become one of the world's fastest growing international business hubs and this is a major reason for the intense clamour for rooms across the city.The Armada will accompany two other hotels in the DIP region - the Premier Inn Hotel and The Courtyard by Marriott.Manager of the complex Rosemarie Aquino expects the hotel to prove very popular."The Armada Hotel offers a cost-effective boarding option, without compromising on any of the components offered by top-tier hospitality choices," she remarked."Flanked by multinational business houses and located in strategic proximity to key transit hubs, we are already witnessing a significant influx of guests."The DIP is stationed conveniently close to the Jebel Ali International Airport, which is always inundated with business passengers.With venues like the Dubai World Trade Centre holding major international exhibitions and conferences, it is little wonder that hoteliers in the emirate have been reporting impressive profits.Figures published by HotelsCombined recently showed that the average room rate in Dubai hotels soared during the summer months.Indeed, Dubai was one of the best performing cities in the world when it came to hotel profitability, as the average nightly fee went up by 57 per cent from AED 601.17 (£102) in 2011 to AED 941.10 this year.There is every indication that this trend will continue, as Dubai's main airport is undergoing a significant expansion that will add millions to its annual capacity.A number of airlines have also recognised the potential of the Middle East and have announced plans to add new services linking the UAE with other parts of the world.