Browse
related articles
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.
Also consider reading:
Today's top stories
Week's top stories
Browse
related articles
- » Construction works in 19 stations on Dubai Metro Red Line completed, operation to start in February 2010
- » Saudi Telecom Company signs partnership agreement with Real Madrid Football Club
- » HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum opens INDEX 2009, sponsored by Al Nakheel
- » A bright future forecasted for UAE economy and higher education
- » Nawras introduces Nawras Mobile TV
Disclaimer:
The information comprised in this section is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of the AMEinfo.com Web site does not constitute advice or a recommendation by AME Info FZ LLC / Emap Limited and should not be relied upon in making (or refraining from making) any decision relating to investments or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or choices based on information featured in this AMEinfo.com Web site.
AME Info FZ LLC / Emap Limited can not be held liable or responsible in any way for any opinions, suggestions, recommendations or comments made by any of the contributors to the various columns on the AMEinfo.com Web site nor do opinions of contributors necessarily reflect those of AME Info FZ LLC / Emap Limited.
In no event shall AME Info FZ LLC / Emap Limited be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to the AMEinfo.com Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise.
Jeff Florian, Senior Reporter
