Wednesday, October 24, 2007

Dubai Hotel Occupancy Rates Rise

Dubai hotels have witnessed a rise in occupancy rates in recent times. This has been possible due to more and more people from the Gulf visiting Dubai during summer vacations. This year a large number of Europeans also flocked to beach side property options as these offered quite lucrative deals.
In the last couple of months, there has been a significant increase in the number of visitors from other Gulf countries to Dubai. Most of the hotels in Dubai saw occupancy rates of about 80 to 90 percent this summer. A similar trend is expected at least until the end of August when the world popular Dubai Summer Surprises will see a grand finale. On the other hand, beach properties witnessed a 10 percent rise in bookings.
Factors responsible for the rise in the number of visitors to Dubai:
• Attractive shopping and family recreational facilities offered by Dubai Summer Surprises (DSS).• Lower value of Dirham as against other major currencies like the British Pound and the Euro, making it possible for Europeans to have more purchasing power.• Dubai’s rising popularity as a tourist destination across the globe.

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