FINANCIAL NEWS

Atlantis occupancy’s rate to reach 90%

09 Jun 2011

(MENAFN) Atlantis hotel’s COO, Serge Zaalof, said that as a result of higher tourists’ number from China, India and Indonesia, occupancy rates at the seven star hotel on Palm Jumeirah would be forecasted to reach 90 percent in 2011, reported Emirates 24/7.

Zaalof added that in 2010, the hotel’s occupancy was 83 percent, where the number of guests reached 1.08 million, however, in 2011; the number of guests staying at the hotel would be expected to surpass 1.1 million.

He also said that guests from India and China would be expected to increase notably, even though tourists from the European countries and GCC form the existing customers for the hotel.

It is worth noting that in April, occupancy levels in Dubai went up 8.7 percent reaching 81.3 percent, while revenues per available room rose 13.3 percent to reach USD217 according to Deloitte and STR Global’s recent report.

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