11 Sep 2014
(MENAFN) UAE’s Aldar Properties said that average occupancy rates within its hotel portfolio stood at 82 percent during the end of the second quarter of 2014 compared to 78 percent in 2013, Arabian Business reported.
The developer said that the company’s revenues for the first half of 2014 reached USD77.03 million, up 13.1 percent from the same period last year.
Aldar said that the improved performance reflected a “substantial increase” in leisure and corporate visitors to Abu Dhabi, particularly to Yas Island.
The company added that F&B revenues across the portfolio – 35 units in total – were up 11.4 percent in the first six months of 2014 compared to the same period last year.
27 Jan 2025
BBK offers customers with exclusive Tas’heel and Mazaya Finance to own their dream home
15 Jan 2025
BBK Signs Strategic Partnership with Bahrain Airport Company to Develop “Express Cargo Village”
08 Jan 2025
Bank of Bahrain and Kuwait and Global Payment Services Deliver the First Advanced Fraud Prevention Solution for Wallet Provisioning in the Kingdom of Bahrain
26 Dec 2024
BBK proudly supports “Celebrate Bahrain” as a gold sponsor in cooperation with BTEA
17 Nov 2024
BBK and Asia Jewellers announce exclusive offers to its customers at Jewellery Arabia 2024
12 Nov 2024
BBK partners with Durrat Al Bahrain to offer exclusive financing for Jawhart Al Marjan
This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more