Qatar Hotel Profitability Challenged
The increase in number of hotels in Qatar is making it more difficult for the hotel industry to maintain profitability in the wake of fierce competition. Figures released by the Qatar Tourism Authority (QTA) show the number of hotels has increased from 51 in 2008 to 58 in 2009. The number of five star hotels increased from 12 in 2008 to 15 in 2009, and four star hotels increased from 13 to 17,
Hotel profits last year dropped slightly to QR2.07 billion, down from QR2.12 billion in 2008. Profits of five star hotels went down slightly from QR 1.6bn in 2008 to QR 1.59 bn last year. Profits of four star hotels fell from QR521.8m in 2008 to QR 488.41m in 2009. Chairman of QTA, Ahmed Abdullah Al Nuaimi, said the country’s hospitality industry faces difficult challenges and must look for new and innovative ways to keep earnings up and attract visitors. He said “The hotels should hold special events and organize promotions to attract more customers.”
More Hotels News
New seaside resort in Qatar
Friday, 07 October 2016
Those of you planning a trip to Qatar may want to check out Qatar’s first leisure destination ...
Amaneesa restaurant reopens for the winter at the Ritz-Carlton, Dubai
Thursday, 06 October 2016
Amaseena, the outdoors restaurant at the Ritz-Carlton, Dubai, is reopening for the winter season ...
Family friendly Hotel Banana Island, Doha
Monday, 26 September 2016
Stay at the five star Banana Island Resort with your children. Only 10 minutes from Doha city ...
Immerse yourself in olives in Mallorca, Spain
Tuesday, 02 August 2016
If you are planning a trip to Mallorca visit the Sóller Valley which has a long history of ...
Ten spas to spoil yourself in
Sunday, 08 May 2016
Fancy a sand based exfoliation, or a rose steam bath, or a honey massage, or a zero gravity ...
Elaf Group's Makkah and Madinah hotels popular at ATM Dubai
Sunday, 01 May 2016
The Elaf Group of Saudi Arabia has revealed its successful participation at the recently ...
Start your Adventure
North & South America