JW Marriott Marquis Dubai reports great growth throughout 2015
The UAE’S largest five-star hotel experienced an inventory increase of 22% and nevertheless tenancies persisted with an addition of 73%
The JW Marriott Marquis Dubai released this week its 2015 sales result, showing a 13% increase in revenue despite the current global economic challenges.
The UAE’S largest five-star hotel experienced an inventory increase of 22% and nevertheless tenancies persisted with an addition of 73%.
In addition, the luxury hotel reached 100% occupancy on more than 45 occasions during 2015.
JW Marriott Marquis Dubai General Manager, Bill Keffer said the results were a great achievement bearing in mind of the increase in regional luxury hotels.
“Supply in the city rose by 6.7%, whilst overall demand grew by only 4.3%. This is stark contrast to JW Marriott Marquis, which witnessed an increase in demand of more than 12% in 2015. As a result, JW Marriott Marquis Dubai continued to drive room revenues by 13% over the course of the year. These positive figures further cement our position as a market leader in the region,” he said.