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FINANCIAL NEWS
Abu Dhabi hotels post 21% increase in outcome
07 Jul 2013
(MENAFN) Abu Dhabi hotels proved its excellence in hospitality posting 21% rise in revenues on year-year guest stays in May 2013 in a total of 232,000 guests, Arabian business reported.
Employment rates in the 167 hotels all over Abu Dhabi went up hitting 67% in total and 7% rise recorded in May.
General Director of Mubarak Al Muhairi said: “This is an extremely heartening result as we look to achieve a greater traction to balance our supply-and demand equation.”
Al Muhairi added “We are particularly encouraged by growth in the average-length-of-stay, which has moved up 9 percent to 3.08 nights. This suggests that our campaign to convince travellers of our ‘more to see and do’ destination proposition is converting extended stays. While there is still much to be done, the results suggest we are on the right track.”
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BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
12 Mar 2025
Mr. Yaser Alsharifi completes Harvard Business School Presidents’ Program in Leadership
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