Hotels

Hotel revenues must be maintained

April 7- While the hotel industry seems to be recovering slowly across Middle East, further declines are expected in Dubai and Abu Dhabi markets’ RevPAR this year, said Paul Arnold, Principal and Head of Transaction Real Estate Advisory Services Group, Ernst & Young. "Those markets which were able to maintain their rate integrity in 2009 and have limited supply entering the market in 2010 will be the fastest to recover and achieve positive RevPAR growth in 2010. These markets are expected to include Beirut, Jeddah, Amman and Makkah," he added.
For hoteliers across the region, cost containment initiatives coupled with maintaining rate while still offering value for money will be the key focus in 2010, he added. Meanwhile, 2009 was a difficult year for the Middle East, which registered an average decline in RevPAR of about 15-20 per cent as compared to 2008.
 

More Hotels
Corinthia Hotel London launches new luxury suites
Accra Marriott Hotel, Ghana, becomes first Marriott in West Africa
Jumeirah Beach Hotel, Dubai, will be closed for renovation in summer 2018
Latest Travel News
Emirates now offers two flights a day to...
Corinthia Hotel London launches new luxu...
Emirates Palace Hotel Abu Dhabi launches...
Featured Sights To See
Rajai Park

Rajai Park

Isfahan, Iran

Address: located within Hasht Behisht complex. A small public park that is full of avid chess players, leisure walkers, and chatty locals on evenings, providing an ideal space for intermingling with the locals, or just watching casual life in Isfahan roll along. The park contains colorful verities of local flowering shrubs and soothing bodies of water, and is a very relaxing experience after a ...

Montjuac circuit

Montjuac circuit

Barcelona, Spain

The circuit was used to host four Spanish Grand Prix but after an accident in 1975, was never used for the Grand Prix again. ...

Kingdom Centre

Kingdom Centre

Riyadh, Saudi Arabia

Kingdom Centre Daily 4-9 PM. Kingdom Center is situated in Al-Urubah Road between King Fahd Road and Olaya Road in the growing business district of Olaya. The Kingdom Center, opened in 2001, is  currently the tallest building in Saudi Arabia with a height of 302 meters. It is Riyadh's most celebrated piece of modern architecture, and is quite a sight, especially when lit  at night. T...

Dubai Dolphinarium

Dubai Dolphinarium

Dubai, United Arab Emirates

The Dubai Dolphinarium is the first of its kind in the Middle East.  The main attraction is the dolphin shows, held two or three times daily.  Marvel at the agility, grace, and intelligence of these magnificent creatures.  Twenty minute dolphin swims are also available to visitors.  It may be a bit expensive, but swimming with dolphins is a unique and profound experience. ...