Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Abu Dhabi hotels gear' up for sizzling summer  Join our daily free Newsletter

MENAFN - Khaleej Times - 03/06/2014
No. of Ratings : 0
Add to Mixx!


(MENAFN - Khaleej Times) After having a fabulous growth in april abu dhabi?s hotel industry is heading to an off season which is likely to cause a little dip in occupancy and revenues.

abu dhabi’s 153 hotels and hotel apartments continued to reflect the economic revival with the increase in tourist traffic with figures released by abu dhabi tourism & culture authority showing some 304637 people checked into hotels during april a 29 per cent rise on the same month last year. guest nights rose 26 per cent occupancy levels grew 10 per cent to 79 per cent and revenues were up 23 per cent in the april.

but the industry will be facing tough challenges ahead with thearrival of summer season and ramadan. speaking to khaleej timesriaz jeelani general manager of abu dhabi’s centro al manhal hotel said: “the summer season has always been the toughest month for hotels. however with every summer season we are noticing a good increase in the figures which is a relief for us. we ensure that every summer we offer the guest extremely attractive deals and offers which help us a lot in maintaining the good business.”

the main challenge that the hotel industry faces during this off season period was the average room rate which decreases by almost 10-15 per cent from the rest of year he said.the business starts to pick up again by mid to end of august and this year since ramadan is starting by the end of june the industry expects the pick up to be just after ramadan finishes.

he forecasted that the dip in revenues which will vary between four to six per cent will put the industry in the comfort zone as “we are certain that the starting from september and till december the season will be extremely busy and we will with no doubt balance the numbers again for us.”

the enormous work and the great initiatives that are being organised by tca specifically for the summer period are having a direct effect on the occupancy levels of hotels in the capital. in 2013 the average occupancy level in abu dhabi reached 50 per cent and “we believe that this year there will be an increase due to their continuous work and we hope to cross the 60 per cent mark.”

jasem al darmaki deputy director general tca abu dhabi said: “we are working on initiatives to encourage more products into the market and to step up the international trade and consumer awareness of the destination and its breadth of offering.”

during april the uk was the best performing overseas market showing a growth of 34 per cent. “april was a month when we benefitted greatly from the seventh season playoffs of the ipl tournament with many of the games being held in abu dhabi and attracting significant audiences from the domestic and indian markets” explained al darmaki.

— haseeb?khaleejtimes.com


 


Khaleej Times




  MENA News Headlines
 Dec 9 2016 - UAE packaging paper industry to grow by 5pctMENAFN
(MENAFN) UAE paper and packaging industry is increasing fast in the MENA region, reaching a market valued at USD2.3bn and will remain an annual growth rate of 5 percent till 2019.Meanwhile, Paper ...

 Dec 9 2016 - Qatar aims USD13bn investment in infrastructure projectsMENAFN
(MENAFN) Qatar is ready to pump almost USD13bn on mega infrastructure projects in the country in the coming year with a main focus on projects related to the FIFA World Cup 2020.Moreover, the country ...

 Dec 9 2016 - GCC, UK confirm to make closer tiesMENAFN
(MENAFN) A mutual summit between GCC leaders and British Theresa May confirmed to launch the GCC-UK Strategic Partnership to enhance relations in all fields.Moreover, UK will spend more than 3bn euro ...

 Dec 9 2016 - Qatar expected to have 912,000 cars by 2020Gulf Times
(MENAFN - Gulf Times) The number of passenger cars in use in Qatar is expected to reach about 912,000 units by 2020, registering the highest annualised growth of 5.4% in the Gulf Co-operation Council ...

 Dec 9 2016 - Prime Minister condoles with Moroccan PMGulf Times
(MENAFN - Gulf Times) HE the Prime Minister and Interior Minister Sheikh Abdullah bin Nasser bin Khalifa al-Thani held a telephone conversation with the Prime Minister of Morocco Abdelilah Ben ...

 Dec 9 2016 - Qatar believes in protecting religious freedom: MinisterGulf Times
(MENAFN - Gulf Times) HE the Minister of State for Foreign Affairs, Sultan bin Saad al-Muraikhi chaired Qatar's delegation to the Ninth Bali Democracy Forum, which kicked off in Bali, Indonesia, ...

 Dec 9 2016 - Qatar- Commercial Bank participates in prestigious CSR conferenceGulf Times
(MENAFN - Gulf Times) Commercial Bank, Qatar's first private bank, has participated at the annual Corporate Social Responsibility (CSR) Conference for organisations in Qatar. The CSR Conference, ...

 Dec 9 2016 - Qatar- Prime Minister honours persons with disabilitiesGulf Times
(MENAFN - Gulf Times) HE the Prime Minister and Minister of Interior Sheikh Abdullah bin Nasser bin Khalifa al-Thani attended a ceremony held by national institutions to support persons with ...

 Dec 9 2016 - MEC recalls KIA Optima 2016 modelGulf Times
(MENAFN - Gulf Times) The Ministry of Economy and Commerce (MEC) has announced a recall of Kia Optima, model year 2016, due to a noise in the right front axle drive shaft. The recall is being ...

 Dec 9 2016 - Qatar- Ooredoo urges public to download 'Inland Sea' applicationGulf Times
(MENAFN - Gulf Times) Ooredoo has urged those who travel or camp at the Inland Sea to download its recently-updated desert navigation app as the camping season comes to full swing. The ...

more...


 





Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Search News
Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help