Hotel owners expecting huge boost during Eid

20/08/2012 - Dubai Investment News Posted by Neil King
Hotel owners expecting huge boost during Eid

Hoteliers throughout Dubai believe the emirate's status as one of the safest places to visit in the Middle East will stand them in good stead over the coming weeks.Travellers are expected to flock to the UAE to take in the Eid Al Fitr celebrations and many hotels in the country are predicting occupancy rates to be 90 per cent or higher, the National reports.With many Middle Eastern countries currently experiencing political tensions, holidaymakers are increasingly turning to places like Dubai, which has no such problems.Bosses at Rotana Hotels are expecting their buildings in Ras Al Khaimah to be very busy during the religious festival and some of the company's hotels that are situated next to Dubai's many malls are completely booked out."What's happened in the Middle East countries, such as Libya, Syria, Egypt and recently Lebanon has minimised the travel options for a lot of GCC residents who are reluctant to travel to these places. Hence there's more attention to local and domestic travel," said Omer Kaddouri - the firm's chief operating officer for the UAE.Leaders at internationally-renowned hotel chains Hilton and Atlantis have also confirmed that bookings have been flooding in.Brett Armitage - senior vice president of sales at Atlantis - told the news provider that hotels in some of the more exclusive parts of Dubai - such as The Palm - are proving to be particularly popular."We currently have strong forward bookings for the Eid holidays and we are expecting to be fully booked as families and friends come together to celebrate Eid," he was quoted as saying.More than ten million people are expected to visit Dubai in 2012 and tourism records have already been broken so far this year.Bosses at Dubai Airports recently revealed that passenger numbers increased by 13.7 per cent in the first half of 2012 when compared with the corresponding period in 2011.This just goes to highlight the high esteem in which Dubai is held among travellers and this will not have gone unnoticed by property investors who are looking for new assets in the Middle East.