|
Reprinted
from Middle East Company News Wire
December 26, 2005
Dubai's
fast-expanding portfolio of hotels and hotel apartments
(also known as condo hotels) have reported the highest
occupancy rate in January-September 2005, competing
and wresting the initiative from other reputed leisure
and tourist destinations in the world.
Deloitte
and Smith Travel Research have put Dubai on top with
a 85.9 per cent hotel occupancy rate followed by New
York with 82.7 per cent and Singapore at 80 per cent.
 Dubai
hotels and hotel apartments have also been ranked the
first in the world in terms of generating the highest
revenue per available room (RevPar) between January
and September 2005, followed by New York and Paris,
according to Global Lodging Review, a publication of
the Deloitte and Smith Travel Research.
The
premium travel research publication highlighted that
Dubai hotels' RevPar (which provides a measure of the
revenue generated by each available hotel room during
the year) is the highest at US $175.47 while New York
comes second with US $163.32 and Paris third with US
$169.53. There has been a significant 42.3 per cent
increase from the RevPar generated by Dubai's hotels
in 2004 (year-to-date statistics).
The
DTCM Director General, Mr. Khalid A bin Sulayem, said:
"The excellent figures recorded by Dubai hotel
and hotel apartments during January-September 2005 is
a reflection of DTCM's aggressive promotional campaign
to position Dubai as the world's leading tourism and
retail hub.
It
is also the fruit of an inspirational public-private
sector partnership and government's unwavering determination
to be a model business and leisure destination."
Another
favorable record between January-September 2005 is Dubai's
average daily room rate (ADR) which at US $204.24 comes
second only to Paris at US $230.77 while New York is
positioned third with an average room rate of US $197.47.
Dubai's
hotels have shown a 42.8 per cent increase in average
hotel daily room rates between September 2004 and September
2005 (year-to-date statistics).
The
DTCM Director Operations and Marketing, Mr. Mohammed
Khamis bin Hareb, said: "Dubai's positioning as
the leading leisure destination in the world, is a big
boost for us and we are looking at improving performance
in the future."
Dubai
has an impressive number of 383 hotels and hotel apartments
with a total room capacity of 35,396, an increase of
5.9 per cent from 2004.
|
