Dubai hotel revenues hit $1.46bn in Q1
Dubai’s hotel sector saw guest numbers rise by nine percent and revenues soar by 24 percent in the first quarter of 2012, according to data released by the emirate’s Tourism and Commerce Marketing.
It also reported a 22 percent jump in guest nights and a 12 percent rise in the average length of stay.
The January-March results follow last year’s performance when revenues touching an all-time high of AED16m.
In January 2012, Dubai ranked number one on the STR Global’s hotel occupancy list with 86.2 percent, up from ninth place a year earlier, higher than in Tokyo, Paris or New York, DTCM said in a statement.
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Link: [ arabianbusiness ]
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Posted by WoodlawnPost
on May 1 2012. Filed under Hotel & Casino's.
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