Monday 18 June 2018

Jumeirah Group plans 16 more hotels

Dubai , April 29, 2012

Jumeirah Group, a Dubai-based global luxury hotel company which operates 20 luxury hotels and residences across 10 global destinations, has a pipeline of 16 hotels under development, the group announced today.

The next openings are scheduled to be in Baku, Dubai and Kuwait, the group, a member of Dubai Holding, said.

The group also reconfirmed its market leader position in terms of hotel performance in Dubai, a statement said.

During the first four months of 2012, its beachfront resorts recorded extended periods of high occupancy averaging at 84.4 per cent, while RevPAR, the industry standard for measuring the rooms’ revenue in relation to rooms available, grew by 18.7 per cent, it said.

Jumeirah’s city hotels also regained their leading position with increased average occupancy of 85.5 per cent and RevPAR growth of 8.4 per cent, it said.

In the USA Jumeirah Essex House continued to benefit from the revival of the corporate travel market and recorded occupancy increase of 4.6 per cent and RevPAR increase of 6.3 per cent year-on-year. In London, Jumeirah Carlton Tower and Jumeirah Lowndes Hotel continued to enjoy robust performance and are preparing for the very busy summer with the Queen’s Diamond Jubilee and the Olympics, said the statement.

Travellers will also benefit from a diversified choice of accommodation with the opening of Grosvenor House Apartments by Jumeirah Living in the prestigious Park Lane in March.

Jumeirah Frankfurt, the group’s first hotel in continental Europe, has already established itself among the market leaders in terms of occupancy and RevPAR.

Jumeirah’s newest hotels in other global destinations – Abu Dhabi, the Maldives and Shanghai – have already gained a reputation as leading luxury properties which was reconfirmed by a number of prestigious international awards. The recently issued Condé Nast Hot List 2012 included no less than four Jumeirah properties - Jumeirah Zabeel Saray in Dubai, Jumeirah Dhevanafushi in the Maldives, Jumeirah at Etihad Towers in Abu Dhabi and Jumeirah Himalayas Hotel in Shanghai – making Jumeirah the most featured brand on this year’s list, the statement said.

Speaking on the eve of the Arabian Hotel Investment Conference in Dubai, Jumeirah Group executive chairman Gerald Lawless said: “I am very pleased to see that the recovery in the Dubai leisure market that we experienced in the second half of 2011 has been sustained and further developed in the first quarter of 2012.

“Jumeirah is now taking its place firmly in the top echelons of global luxury hotel brands and we are well underway to positioning ourselves as one of the leading luxury brands worldwide,” he said.-TradeArabia News Service

Tags: Dubai | hotels | RevPAR | Jumeirah Group |

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