| Home | GCC | World | Industries | Markets | Opinion | Interviews | Photos | Video | Lists | Lifestyle | Topics | Jobs | Property | UOL |
Help, I forgot my username and/or password
Dubai’s Jumeirah Group, operator of the flag-shaped Burj Al Arab, saw 90 percent occupancy across its Dubai beachfront resorts during the festive season, the company said Wednesday.
Revenue per available room (revPAR) – an industry benchmark - hit $712 at its Madinat Jumeirah, Jumeirah Beach and Jumeirah Zabeel Saray hotels between 20 Dec and 10 Jan.
Room revenues reached $1,983 at the Burj al-Arab, with occupancy rates of 80.7 percent, the company said in an emailed statement.
The jump in occupancy was in part thanks to a rise in guests from new markets, particularly in Asia, the statement said.
Overall revPAR at the group’s beach hotels rose six percent on the year-earlier period while key source markets continued to be the UK, Russia, UAE, Germany and Saudi Arabia.
The luxury hotelier, owned by Dubai’s ruler, said earlier this month it had sealed a deal to open its first hotel in Bali as it looks to grow its brand outside of its home market.
The operator said in October it planned to double its properties under management globally by early 2012. The firm, which recently opened brand-managed hotels in Frankfurt, the Maldives and Shanghai, said it planned to expand into Kuwait, Majorca and Azerbaijan.
“We will open in Kuwait, Majorca, and Azerbaijan. We will almost double the number of hotels under management for Jumeirah in a 14-month period,” Gerald Lawless, executive chairman of Jumeirah Group, told Reuters.
The group, which competes with the likes Mandarin Oriental and the Four Seasons, currently has one hotel in Asia, the Jumeirah Himalayas Hotel in Shanghai, and has a further five hotels under development in China.
I just got a call from this number +971507896582 stating that I won 500000AED and that i should check the back of my sim card for some numbers and call... more
Friday, 25 May 2012 3:04 PM - hajaGiven that the start of the new month is determined by the moon sighting, isn't this going to make organising meetings for the following month a bit tricky... more
Thursday, 24 May 2012 1:24 PM - Mark RentonI am a UAE national married to an Iranian and her unwavering allegiance is toward Iran and she does not espouse any Arab cause, the same applies with my... more
Friday, 25 May 2012 11:54 PM - YasserTaking religion based decisions in such matters is wrong. It sends wrong signals and sets up bad precedence. What next? Will they stop serving beef in... more
Friday, 25 May 2012 12:15 PM - Skand BhargavaThere are so many promises with no substance out there that even none savvy buyers will think twice before taking risks on Dubai Real estate market. Too... more
Friday, 25 May 2012 9:19 PM - BobI just got a call from this number +971507896582 stating that I won 500000AED and that i should check the back of my sim card for some numbers and call... more
Friday, 25 May 2012 3:04 PM - hajaGiven that the start of the new month is determined by the moon sighting, isn't this going to make organising meetings for the following month a bit tricky... more
Thursday, 24 May 2012 1:24 PM - Mark RentonPalm Jumeirah = Disneyland. Is this the kind of community to invest in for a home ???? or a hotel ? It baffles me why people would invest in an apartment... more
Wednesday, 23 May 2012 4:13 PM - PaulI am a UAE national married to an Iranian and her unwavering allegiance is toward Iran and she does not espouse any Arab cause, the same applies with my... more
Friday, 25 May 2012 11:54 PM - YasserInstead of clinging to anything that reminisces you of your obliterated past, why don't you spend sometime fixing your disgraceful and humiliating present... more
Tuesday, 22 May 2012 9:30 PM - FahdI just got a call from this number +971507896582 stating that I won 500000AED and that i should check the back of my sim card for some numbers and call... more
Friday, 25 May 2012 3:04 PM - hajathe majority of expats (as most people here argue that its a majority painting an entire nation the villain)....why are the filipinos and indians not the... more
Sunday, 20 May 2012 9:17 AM - ArthurHOW CAN WE FORGET 2008, WHY DID YOU NOT FORGET TO PAY ALL YOUR STAFF BONUSES LIKE YOU HAVE DONE ON THE PAST TWO OCCASIONS , YET YOU CANT COMPENSATE OR... more
Wednesday, 16 May 2012 4:51 PM - MOOSAGiven that the start of the new month is determined by the moon sighting, isn't this going to make organising meetings for the following month a bit tricky... more
Thursday, 24 May 2012 1:24 PM - Mark RentonThe words one should read and think about are "it COULD make sense to sell Emirates in the future". Sir Flanagan does not say it does make sense at this... more
Thursday, 10 May 2012 11:16 AM - Paul dxb
Join the Discussion
Disclaimer:The view expressed here by our readers are not necessarily shared by Arabian Business, its employees, sponsors or its advertisers.
Please post responsibly. Commenter Rules