2 APRIL 2012


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Article from BTNews 2 APRIL 2012

Rotana stays top as Gulf region occupancy grows

The Abu Dhabi based Rotana hotel management company is embarking on a US$750m investment programme to help the group to maintain its position as the largest hotel brand in the Gulf region.  Before the end of the year it will open seven new hotels including its first properties in Bahrain and Jordan and its second in Qatar.  The UAE gains four additional properties.  Rotana will manage around 14,000 rooms across the area by the end of 2012. 

Recent figures from the Hotstats survey show a robust and growing Middle East hospitality sector.  Abu Dhabi reported a surge in occupancy in October while hotels in Dubai were as full as they were in 2007.  Abu Dhabi registered the largest increase in occupancy in the region, growing 9.7 percentage points to 82.8% in October 2011 and Dubai 87.3%. 

The new openings include the adjoining 5-star Al Ghurair Rayhaan and Al Ghurair Arjaan apartment properties (Dubai) (3rd Quarter); the 400-suite Boulevard Arjaan in Amman (Jordan); the 414-room Centro Capital Centre (Abu Dhabi) opening shortly followed by 300-room Capital Centre Rotana.  The 5-star City Centre Rotana in Doha (Qatar) opens its doors (3rd Quarter) and finally the 128-apartments Majestic Arjaan (Bahrain) (4th quarter).  www.rotana.com www.hotstats.com

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