Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

Abu Dhabi hotels rise in 2013  Join our daily free Newsletter

MENAFN - Khaleej Times - 30/12/2013
No. of Ratings : 0
Add to Mixx!



(MENAFN - Khaleej Times) Figures released by Abu Dhabi Tourism & Culture Authority, or TCA Abu Dhabi, show last month's arrivals at the emirate's 149 hotels and hotel apartments rose 26 per cent year-on-year with some 260,810 guests checking in and delivering 856,785 hotel nights - a 27 per cent uplift on November 2012.

Occupancy levels for the month reached 83 per cent and total revenue lunged 19 per cent upwards to Dh669 million.

"This is great news which we were cautiously optimistic about given November was packed with events including the headline Grand Prix, the Abu Dhabi Film Festival, the FIFA Under17 World Cup and Abu Dhabi Art," said Jasem Al Darmaki, deputy director-general, TCA Abu Dhabi.

Equally upbeat was Dominique Hebert, general manager of Centro Capital Centre Hotel. He said his property had strong sales in November and October this year despite the increase in the number of hotel rooms in the capital, which is a challenge.

"Almost every month a new hotel opens with a minimum of 250 rooms and this makes the competition among properties more fierce and at the same time affects the overall average room rate in the city, for everyone is trying to attract the visitors with better packages and offers," he said.

Al Darmaki said, "It's all the more gratifying given that since last year the emirate has seen 12 more properties and almost 2,500 new rooms come on line. "Length of stay - which is now touching 3.3 nights - continues its upward trend which suggests people are increasingly convinced of there being ever more to do and see here."

November's performance means that in the first nine months of this year, some 2.5 million guests have stayed in Abu Dhabi's accommodation - which is a rise of 17 per cent on the same period last year.

Year-to-date, guest nights jumped 26 per cent to over 7.9 million and average-length-of-stay has edged up eight per cent to 3.14 nights. Occupancy rate for the year to date is 70 per cent - up nine per cent on 2012. Total hotel revenues for the year to date is close to Dh5 billion - up 11 per cent on 2012, with F&B income representing close to Dh1.9 billion, which has climbed 19 per cent. Average room rate is now running at Dh477.22 - which is a slight dip of one per cent on the year.

Domestic tourism is on an upward curve - jumping six per cent in terms of guest arrivals to 865,966.

"This is heading in the right direction. More people from within the UAE are choosing to stay in Abu Dhabi and for longer!" said Al Darmaki. "There's a ways to go but with more events and more product coming to market soon, we've a change to build this further."

India remains the top overseas source market for 2013 with 157,594 Indians checking into Abu Dhabi's accommodation this year - a 26 per cent year-on-year.

"As we enter December and look forward to significant returns from the festive and international holiday season, we can begin the New Year with a sense of satisfaction from targets achieved," said Al Darmaki.

 






  MENA News Headlines
 Jul 25 2014 - Dubai's R&B launches two stores in SaudiMENAFN
(MENAFN) The Dubai-based giant Apparel Group's fashion arm R&B, most recognized for its exciting portfolio of international fashion and accessories brands, plans to open two stores in Dhahran and ...

 Jul 25 2014 - UAE's du, Etisalat sign agreementMENAFN
(MENAFN) Du, the UAE's second biggest telecoms operator, has signed a network sharing deal with Etisalat to offer Internet-based phone calls and broadband services across the country before the ...

 Jul 24 2014 - A forgotten tragedyUN experts call for a stronger response to internal displacement in NigeriaMENAFN Press
(MENAFN Press) GENEVA Switzerland July 23 2014/African Press Organization (APO)/ -- Two United Nations human rights experts today called on the Government of Nigeria and the international community ...

 Jul 24 2014 - Address by Cathy McLeod Parliamentary Secretary to the Minister of LabourMENAFN Press
(MENAFN Press) OTTAWA Canada July 24 2014/African Press Organization (APO)/ -- Check Against Delivery Good morning/afternoon. Thank you for joining us. We are here today to discuss a global ...

 Jul 24 2014 - Flydubai to start Mumbai flights in OctoberspanKhaleej Times
(MENAFN - Khaleej Times) Bai-based flydubai on Wednesday announced the launch of flights to Mumbai bringing the total number of destinations served by the carrier in India to seven with 25 flights a ...

 Jul 24 2014 - Dubai: A vision not an illusionspanKhaleej Times
(MENAFN - Khaleej Times) W laws will reinforce Dubais position as a sought-after global investment and business destination Hisham Abdulla Al Shirawi tells Khaleej Times “Dubai and the UAE as a ...

 Jul 24 2014 - Real estate deals in Dubai hit Dh113 billionspanKhaleej Times
(MENAFN - Khaleej Times) Ga projects and investor confidence behind strong transaction volumes The launch of mega projects and renewed investor confidence have boosted real estate transactions in ...

 Jul 24 2014 - Mashreq bank profit surges 40spanKhaleej Times
(MENAFN - Khaleej Times) Shreq bank announced on Wednesday a 40 per cent increase to Dh1.The bank said it net profit in the second quarter reached Dh585 million an increase of 45 per cent from last ...

 Jul 24 2014 - Marka to list on DFM in SeptemberspanKhaleej Times
(MENAFN - Khaleej Times) Rka a public joint stock company with a capital of Dh500 million on Wednesday announced plan to list its shares on the Dubai Financial Market in the second week of September ...

 Jul 24 2014 - Al Maya opens supermarket in Al Reem IslandspanKhaleej Times
(MENAFN - Khaleej Times) Maya Group has extended its reach in Abu Dhabi by opening its fourth supermarket in the countrys capital and first on Al Reem Island the company said.“The group ...

more...


 






Google

Click to Apply

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help