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FINANCIAL NEWS
UAE hotels to cut costs by 20pct
30 Sep 2016
(MENAFN) Hotels in the UAE could cut their costs by more than 20 percent by reducing their energy and water consumption.
Moreover, hotels with poor environmental policies consume three times more energy and 7.4 times more water than properties with better green credentials.
Additionally, the potential for hotel operators to save money comes at a time when the industry is facing decline in revenues in Dubai.
However, Dubai hotel revenues per available room dropped by 7 percent in May, while Abu Dhabi dropped by 8.9 percent.
More News
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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