Jumeirah Hotels' occupancy remains strong
United Arab Emirates: Thursday, October 23 - 2008 at 11:39
Dubai-based hotel management company Jumeirah Group, which is owned by the Dubai government, said occupancy at its properties remains strong and expansion plans are on track amid the global financial crisis, reported Bloomberg. Jumeirah, which owns 11 hotels including the Burj Al Arab in Dubai, is enjoying occupancy of 86% in the emirate, said Tony Cousens, senior vice president in charge of Asia Pacific. Interest from potential owners and investors to manage luxury hotels remains strong, he added.
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Jeff Florian, Senior ReporterThursday, October 23 - 2008 at 11:39 UAE local time (GMT+4)
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