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FINANCIAL NEWS
Sharjah hotels revenues grow by 7 percent
08 Aug 2016
(MENAFN) Hotels in Sharjah registered a 7 percent increase in revenue for H1 of this year to Dh378mn over the same period in 2015.
Furthermore, the authority will focus on China’s market and predicts more increases over the coming year, due to a new overseas office and Chinese staff.
Meanwhile, the number of Asian tourists grew by 12 percent making Asia the second-largest source market for Sharjah.
Sharjah plans to attract 10mn visitor by 2021 and also to boost hotel room numbers from 10.000 in 2015 to 15.000 by 2021.
More News
17 Sep 2025
BBK and CrediMax launch exclusive offers for customers in collaboration with The Ritz-Carlton, Bahrain
31 Aug 2025
BBK announces an exceptional 6-month grace period financing campaign for Personal and Car Finance customers
13 Aug 2025
BBK’s BD 5,000,000 Al Hayrat scheme awards BD 680,000 to 390 Al Hayrat winners in August and September
04 Aug 2025
HM the King’s Support for Youth is an Inspirational Model for Their Empowerment Journey
28 Jul 2025
BBK discloses its financial results for the half year ended 30th June 2025
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
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