ArabianBusiness.com - Middle East Business News
Thursday, 26 November 2009 22:00 UAE time

YOUR DIRECTORY /

| Share |

Dubai's luxury-hotel room rates among world's highest

by This email address is being protected from spam bots, you need Javascript enabled to view it  on Friday, 08 May 2009
HOSPITALITY PRICE: Gulf hotels are betting on the region’s resilience as a tourist destination. (Getty Images)
HOSPITALITY PRICE: Gulf hotels are betting on the region’s resilience as a tourist destination. (Getty Images)

Gulf hotels are betting on the region’s resilience as a tourist destination and choosing to keep room prices high.

This, even as hotels worldwide have slashed room rates in a bid to lure trade from a shrinking pool of leisure travellers.

“Outside of this region, the trade is doing the sensible thing by making its prices more attractive,” said Nigel Pocklington, managing director EMEA of leading online booking agency Hotels.com.

Pocklington warns that local hoteliers will soon need to respond to softening demand or risk being undermined by aggressive discounting in other parts of the world.

But is the stance of the Gulf luxury hotel owners a smart strategy? How do the luxury hotel room rates in Dubai compare to those around the world? Click here to find out in detail...

advertisement

| Share |


READERS' COMMENTS

Disclaimer: The views expressed here by our readers are not necessarily shared by ArabianBusiness.com or its employees.

Click here to post a comment


Add your Comment
All posts are sent to the administrator for review and are published only after approval. ArabianBusiness.com reserves the right to remove any comment at any time for any reason. Please keep your responses appropriate and on topic.
Arabian Business would like to point out that only comments relevant to the story will be published. Any containing personal insults or inappropriate language will not be approved.
Name *
Remember me on this computer
Email *
(Your email address will not be published)
City
Country
Subject *
Comment *
Notify me of further comments


Please click post only once - your comment will not be published immediately.


MORE FROM ARABIANBUSINESS.COM

TOP IN MIDDLE EAST TRAVEL & HOSPITALITY

  1. Emirates increases Amman, Doha services
  2. Dubai hotels lead Mideast Oct revenues decline
  3. EXCLUSIVE: PR guru says Dubai needs 'softer image'
  4. flydubai set to launch new flights to Nepal
  5. Emirates brings forward Paris A380 plans

TOP MIDDLE EAST BUSINESS STORIES

  1. Abu Dhabi transport chiefs give Eid gift to motorists
  2. Emirates 'forced' to raise fares on some German routes
  3. Daman gets tough on healthcare fraudsters
  4. NASDAQ Dubai chairman resigns
  5. Kuwait firms coping amid global crisis - Ernst & Young

ALSO IN MIDDLE EAST TRAVEL & HOSPITALITY

  1. Emirates 'forced' to raise fares on some German routes
  2. Jumeirah signs deal for luxury hotel in Panama
  3. Saudi, Dubai flights hit by toilet malfunction
  4. Emirates increases Amman, Doha services
  5. Dubai hotels lead Mideast Oct revenues decline

LATEST MIDDLE EAST BUSINESS NEWS

  1. Politics & Economics: European bank shares plunge on Dubai debt concerns
  2. Politics & Economics: Moody's cuts Dubai GRI ratings amid debt delay
  3. Politics & Economics: Job losses seen slowing in UAE - StanChart
  4. Transportation: Abu Dhabi transport chiefs give Eid gift to motorists
  5. Banking & Finance: Cost of insuring Dubai's debt rises further

SHARE PRICE CHECK

 EMAIL ALERTS

  1. Travel & Hospitality


Tell us your story

CURRENT ISSUE


 

READER COMMENTS

  1. Deal sought on Dubai World, Nakheel debts 21
    26 Nov ' 09 at 20:13
    Red Devil/Sandjocky, I have also had several posts blocked over the past couple of days, posts that speak of the facts only as they...   More  »
  2. UAE real estate market has now hit bottom - analysts 04
    26 Nov ' 09 at 13:07
    Sadly, more wild statements from so called "experts" and "analysts" in the hope that their so called titles will hype the market and...   More  »
  3. Moody's cuts Dubai GRI ratings amid debt delay 02
    26 Nov ' 09 at 19:51
    Dubai World better change its slogan & reposition itself - Dubai LTD.   More  »

Read all user comments >

Gitex 2009

MORE FROM ARABIANBUSINESS.COM

JOBS

SPECIAL REPORTS

SURVEYS & REPORTS

PROPERTY