Recent statistics state that hotels in Dubai reported highest profit levels in the region in 2013 for the fourth consecutive year, according to TRI Hospitality Consulting. Gross Operating Profit Per Available Room (GOPPAR) for 2013 increased 10.3% to US$ 206, Average Room Rates (ARR) for the year were up by 6.5% to US$ 324 and RevPAR was up by 7.6% for the same period.
According to Dubai International Airport, annual passenger traffic also rose to 66.4 million in 2013 an increase of 15.2%, with 28 new routes in 2013, it now serves a total of 239 destinations.
Based on this growth trend, the annual Arabian Travel Market (ATM) roadshow was held in Dubai at the Dubai World Trade Centre. The event witnessed participation from key industry players to discuss marketing opportunities.
“The Dubai success story continues with increases right across the board. It is difficult to imagine that growth slowing anytime soon, especially with Standard Chartered Bank estimating that at least US$ nine billion will be invested in Dubai’s infrastructure ahead of the Expo 2020,” said Mark Walsh, portfolio director, Reed Travel Exhibitions.
UAE participants at ATM will include regional and indeed international travel and tourism sectors such as Emirates, flydubai, Etihad, Arabian Adventures, Rotana Hotels, Jebel Ali Hotels, Address Hotels and the Jumeirah Group.