Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Ramada Ajman occupancy crosses 90%  Join our daily free Newsletter

MENAFN - Khaleej Times - 04/01/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Khaleej Times) The property sold a total of 124,000 room nights in 2013, surpassing 2012's record of 105,000.

57 per cent of its total bookings are from the leisure segment, with guests from the CIS regions on top of the nationality mix, followed by Germany, the GCC, India and Pakistani markets.

Iftikhar Hamdani, general manager of Ramada Hotel and Suites Ajman, noted that the hotel's occupancy throughout the year has not gone below 90 per cent, even during off-peak seasons and the demand is expected to rise in 2014. In fact, Ramada Ajman had increased its room inventory in the last quarter of 2012 with the opening of 60 rooms to accommodate the influx of guests.

Hamdani said: "We have a very positive outlook in 2014 and we intend to maintain our position as the top hotel in the northern emirates. Tourism in Ajman is booming thus, the demand for rooms will continue to increase. There is a need to add at least 200 more rooms in the emirate to be able to cope with this high demand."

He said that the property's main markets will remain Russia and Germany, but that the Turkish market is gradually picking up. With Dubai's recent win to host World Expo 2020, Hamdani added that he expects an increase from the corporate and Mice segment with the onset of various projects across all emirates.

Hamdani said: "We take pride in our achievements in 2013, and we attribute these to the different initiatives and strategies of the m

 


Khaleej Times




  MENA News Headlines
 Mar 2 2015 - Dubai's Abraaj invests USD145m in North Africa healthcareMENAFN
(MENAFN) Dubai-based private equity firm Abraaj Group is set to lead an investment of USD200 million in the new North Africa Hospital Holdings Group (NAHHG), Arabian Business reported.The firm, ...

 Mar 2 2015 - Egypt received USD23b aid from Gulf in 18 monthsMENAFN
(MENAFN) Egypt received USD23 billion in aid from Saudi Arabia, the UAE and Kuwait in the 18 months since former President Mursi was ousted, Investment Minister said, Reuters reported.According to ...

 Mar 2 2015 - Arab world's healthcare sector wastes USD40b annuallyMENAFN
(MENAFN) Half of the estimated USD80 billion annual governments spending on health care sector in the Arab world are going to waste due to widespread inefficiencies, a Dubai health official said, The ...

 Mar 2 2015 - Zain KSA records USD293.16m EBITDA growth in 2014MENAFN
(MENAFN) Zain KSA posted improved financial results hitting USD293.16 million in EBITDA in 2014, up from USD237.19 million in 2013, marking 24 percent increase, Saudi Gazette reported.Zain's net ...

 Mar 2 2015 - Egypt to attract USD8b of foreign direct investment in this fiscal yearMENAFN
(MENAFN) Egypt is forecast to receive a sum of foreign direct investment worth USD8 billion in this financial year, marking an increase from the USD4 billion last year, Reuters reported.The Egyptian ...

 Mar 2 2015 - Qatar, Mitsubishi to sign USD1.09b hydroelectric dealMENAFN
(MENAFN) State-controlled Qatar Electricity and Water Company (QEWC) is set to sign a USD1.09 billion contract to build the Gulf country's largest power and water plant to Mitsubishi, Emirates 24\7 ...

 Mar 2 2015 - Egypt's Edita eyes USD262m initial offerMENAFN
(MENAFN) Egyptian food maker Edita is considering an initial offering of about USD262 million the Cairo bourse, Reuters reported.According to sources, trading is forecast to start at the beginning of ...

 Mar 2 2015 - Work on USD266.51m Saudi Neopharma plant to start in MarchMENAFN
(MENAFN) chief executive officer and managing director of New Medical Center Group of Companies and UAE Exchange said that work on the USD266.51million Neopharma drug manufacturing plant in Jazan is ...

 Mar 2 2015 - Bold Saudi oil strategy paying off just three months laterGulf Times
(MENAFN - Gulf Times) Three months after Saudi Arabia made clear it was going to let oil prices keep tumbling, the strategy is showing signs of working.US drillers are idling rigs at a record pace, ...

 Mar 2 2015 - Ooredoo's B2B services revenue tops $1bn in '14Gulf Times
(MENAFN - Gulf Times) Ooredoo Group generated more than $1bn revenue from B2B services in 2014, with 9-month year-on-year growth close to 10%, the company said yesterday.Ooredoo will showcase some of ...

more...


 






Google

Electronic & Mobile Payment

 
 

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

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

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
Economic Calendar
Financial Glossary


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


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help