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Dubai hotel occupancy soars over festive period

03/01/2013 - Dubai Lifestyle News
Dubai property investment opportunity - The First Group
Dubai hotel occupancy soars over festive period

Hoteliers across Dubai have witnessed a surge in occupancy over the festive season.  Occupancy levels in some of the city’s hotels rose to more than 90%, according to recent media reports. As a result, many hotels also witnessed a rise in revenue and profits, thanks to an influx of festive tourism. For example Ramada Downtown Dubai saw an 11% growth in occupancy, a 31% rise revenue and a subsequent 38% increase in profits compared to the same period last year. Business at Al Bustan Centre & Residence in Dubai rose by almost 40%, while the Tilal Liwa Hotel recorded a 108% increase in room revenue this year – all positive signs that the emirate’s hotel industry continues to thrive.

Dubai property investment opportunity - The First Group



    
    
       
	
    
	
	
    
    
    
    

    
    
    
    
    
    
    
   	
	
    
    
    
    

    
    



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