Text size:

  • Small
  • Normal
  • Large
Gerald Lawless, the president and chief executive of Jumeirah Group, says 2012 was a very good year for the company. Antonie Robertson / The National
Gerald Lawless, the president and chief executive of Jumeirah Group, says 2012 was a very good year for the company. Antonie Robertson / The National

More visitors and higher revenue for Jumeirah Group properties

The Jumeirah Group, the UAE-based hospitality company, said 2012 was a "good year" and that 2013 was off to a "strong" start.

The Jumeirah Group, the UAE-based hospitality company, said 2012 was a "good year" and that 2013 was off to a "strong" start.

Globally, occupancy at its hotels rose 9 per cent in the first three months of the year compared with a year earlier. Average daily rates also rose 9 per cent and revenue per available room rose 22 per cent. The figures are based on hotels open for at least 18 months.

"The full year of 2012 and the first four months of 2013 have been a tremendous success for Jumeirah," said the group's president and chief executive, Gerald Lawless.

"The Dubai hotels have truly benefited from the continuing attraction of Dubai as a prime holiday and business destination. Our hotel in Abu Dhabi, Jumeirah at Etihad Towers, has established itself as one of the top must-visit locations in the capital."

Mr Lawless was speaking yesterday at the Arabian Hotel Investment Conference in Dubai.

The top country for visitors to Jumeirah's properties in the UAE continued to be Russia, with a 19 per cent increase of travellers in the year to date compared with the same period a year ago. The UK remained the number two country, up 16.2 per cent, followed by the GCC countries combined (14.1 per cent), Germany (7.4 per cent) and the United States (3.5 per cent).

Mr Lawless added that the hotels in the UAE were also experiencing a surge in visitors from Australia thanks to the tie-up between Emirates and Qantas airlines.

"Australian business in Dubai has experienced a huge growth," he said.

The group in November was also given approval to construct a fourth hotel within the Madinat Jumeirah resort in Dubai in addition to the existing properties: Mina A' Salam, Al Qasr and Dar Al Masyaf. Work on the 430-room property will start this summer and is expected to be finished by the end of 2015. This will bring the company's number of hotels in the UAE to 10.

Mr Lawless said that he would consider opportunities in Fujairah, Al Ain and Ras Al Khaimah.

"This is a UAE brand," he said. "There is every reason to be over-represented here [compared to other brands]."

Elsewhere, expansion continues apace with 12 hotels under construction and 18 signed agreements in the pipeline.

Jumeirah's new hotel in Kuwait, Jumeirah Messilah Beach Hotel & Spa, is scheduled to open tomorrow. Other hotels under construction include properties in China, India and Jordan.

 

lgutcher@thenational.ae

Back to the top

More articles


Editor's Picks

 The Greens, villas: Q1 no change. 3BR - Dh210-250,000. 4BR - Dh210-260,000. 5BR - Dh220-300,000. Q1 2013-Q1 2014 5% rise. Pawan Singh / The National

In pictures: Where Dubai rents have risen and fallen, Q1 2014

Find out how rental prices in the prime locations in Dubai have altered during the first three months of the year and the current rates you will pay according to data provided by Asteco.

 Above, the private pool of Ocean Heights' five-bedroom penthouse flat. Courtesy Christie’s International Real Estate

In pictures: Penthouse flat is height of Dubai luxury living

A five-bedroom penthouse in Ocean Heights in Dubai Marina is on sale for Dh25 million and comes with a private pool and an unparalleled view of Dubai.

 The cooling towers of the Temelin nuclear power plant near the Tyn nad Vltavou in Czech Republic. The country wants to continue expanding nuclear energy capacity despite cancelling a tender to build two new units. David W Cerny / Reuters

In pictures: Best business images for the week to April 17, 2014

Here are some of the best business images for the week to April 17, 2014.

 A sign points the way to an outdoor market popular with German visitors on the Polish side of the German-Polish border. Sean Gallup / Getty Images

In pictures: A decade since the European Union went east

May 1 will mark 10 years since the European Union expanded east, taking in countries like Poland, the Czech Republic and the Baltic states as new members. And though the border region between Germany and Poland is flourishing with trade and cultural exchange, the open border has also brought a sharp rise in crime.

 The Wind, Energy, Technology and Environment Exhibition takes place from April 14 to April 16. Above, the Dewa showroom during last year’s Wetex. Jaime Puebla / The National

April corporate and economic calendar for the UAE and overseas

From Cityscape to Wetex to stock-market holidays to nations reporting first-quarter GDP figures, here is our helpful calendar of April's business events in the UAE and internationally.

 Get the latest information on credit cards, bank accounts and loan products in the UAE. Mark Lennihan / AP Photo

Rates report: Latest on UAE loans, accounts and credit cards

Souqamal.com brings you the latest interest rates on banking products in the UAE.

Events

To add your event to The National listings, click here

Get the most from The National