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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.
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