Hotels Sector
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Developers faces funds shortage in Dubai

Developers faces funds shortage in DubaiLack of funds and related financial factors in Dubai have added delay to the completion of the Fairmont Hotel and Resorts on Palm Jumeirah. Same is the case of Nakheel's iconic project in Dubai which has been facing acute shortage of funds.

Dubai Hotel Rankings topped by Four-Star Al Manzil

Al-Manzil-Hotel-DubaiIn spite of having some of the most luxurious hotels in the world, the tag of Most Popular Hotel in Dubai went to the four-star Al Manzil Hotel.

It was named so by TripAdvisor's Popularity Index that measures overall traveler contentment. The Index put the lesser-known property in Downtown Burj Khalifa ahead of 370 other hotels across the emirate.

Service charges by hotels are illegal: Mansoori

Service charges by hotels are illegal: Mansoori

In an apparent infringement of a law passed in 2006 that bans unfair price increases, the hotels and restaurants continued to over-charge customers by imposing service charges on food bills.

Sultan al Mansoori, the Minister of the Economy and Chairman of Supreme committee for consumer protection said that this service charge has already been declared illegal by the Ministry of Economy but the owners continued to defy the ruling. However, it is yet to decide how the government enforces its decision.

Hotel sector hit by declining revenue

The present year has been a challenging year for the industry and Dubai's hotel sector remained pretty low last month.

A 35.3 per cent drop in revenue per available room was suffered by hotels in Emirates, which came as the largest decline in the Middle East and Africa region. Last month witnessed a revenue fall to US$198.22 (Dh728.06) per available room from $306.27 in October, displayed the data from STR Global.

ACC receives order to construct hotel

Arabian Construction Company (ACC) has announced that it has bagged an order to construct the Regent Emirates Pearl Hotel in Abu Dhabi from The Atlas Group, in a joint venture with Tourism Development and Investment Company.
 
The hotel will entail an investment of Dh870 million.

The sources informed that the inauguration of the hotel will be done in fiscal 2012.
 

DTCM, DCD Sign MoU To Improve Safety Facilities Of Hotels

DTCM

The Dubai Department of Tourism and Commerce Marketing (DTCM) has entered into a memorandum of understanding (MoU) with Directorate General of Dubai Civil Defence (DCD) in order to perk up security facilities of hotels.

Mr. Khalid A bin Sulayem, DTCM Director General, and Major General Rashid Thani Al Matrooshi, DCD Director General signed the MoU at the DCD Headquarters in Dubai in the company of senior functionaries from both the groups.

Renaissance to open five hotels in region by 2012

Renaissance to open five hotels in region by 2012

Renaissance Hotels & Resorts, the Marriott group's lifestyle brand, has decided to set up five properties in the Middle East over the coming three fiscals.

The sources informed that the division is having global development pipeline of 24 hotels due to appear between now and 2012.

The sources further informed that 257-room Renaissance Doha will be established later this fiscal and will be followed in 2010 by three more properties out of which two in Dubai and one in Bahrain.

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