With a year-to-date average occupancy of 98.82 %, Corp Executive Hotel Apartments – Al Barsha – Dubai has enjoyed a robust first half of 2011. The hotel achieved 16.88% higher occupancy than the forecasted average of 81.94 % just a year after its launch.
Michel Noblet, President & CEO, HMH – Hospitality Management Holdings, said, “Corp Executive Hotel Apartments has been one of the best performing hotels in the highly competitive Al Barsha area as well as a top grosser in our portfolio. We are truly proud of this superb property that is owned by Al Shafar General Contracting and brilliantly located within minutes from the Mall of the Emirates.It offers ultra-spacious accommodation,excellent facilities and heart-warming service at outstanding rates.”
GCC, Europe,Asia, USA and Australia have been the key feeder markets for the hotel that has a high guest retainer rate too. Aamir Pervez, General Manager, Corp Executive Hotel Apartments, Al Barsha, said, “We are pleased to report strong financial results despite the difficult market conditions. From the very start, our strategy has been to drive business across allvertical sectors that has given us a steady mix of corporate, long-stay, leisure, e-commerce and FITsegment which in turn kept our figures firm.”