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FINANCIAL NEWS
Dubai’s Holiday Inn forecasts higher occupancy during holidays
22 Dec 2011
(MENAFN) Holiday Inn Bur Dubai’s General Manager, Monjed Salha, said that during the Christmas and New Year holidays, occupancy rate at the hotel would be expected to grow notably, reported Emirates 24/7.
Salha added that as a result of the hotel’s extensive banquet and meeting facilities, Holiday Inn Bur Dubai would target corporate clients, diplomatic circles and leisure market to boost occupancy level.
On the other hand, he said that the 210-bedroom hotel has 145 employees at the current time and would recruit more in some departments, adding that there were more than 700 Holiday Inn and Holiday Inn Express hotels in the IHG global development pipeline; whereas they are due to launch over the next 3 to 5 years.
It is worth noting that Holiday Inn Bur Dubai, which houses 12 suites and 24 executive rooms, was earlier known as Excelsior Creek Hotel, the property was purchased by Mohamed Omar Bin Haider (MOBH) Group and awarded management to InterContinental Hotels Group (IHG) in November.
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