Dubai Hotels

Emaar Swings to Q2 Profit, Misses Estimates

Q2 profit 802 million dirhams, below analysts’ forecasts Analysts attribute miss to low handover at Burj Khalifa Incurred 53 million dirham loss on sale of unit in Q2 Shares end flat on Dubai bourse (Recasts, adds details, background) By Dinesh Nair and Matt Smith Dubai’s Emaar Properties...

July 22nd, 2010 | Dubai Hotels | Read More

Auris Invests AED 850 Million in Dubai Hotels

Dubai-based Auris Hotel Management has invested around AED 850 million in launching a number of new properties in Dubai. In the past few weeks Auris has opened its first two properties – a hotel in Deira, closely followed by boutique hotel apartments in Al Barsha. A third property in Dubai Marina...

July 20th, 2010 | Dubai Hotels | Read More

Doing Dubai Hotels on a Budget

With its opulent hotels and towering skyscrapers, Dubai probably isn’t the first place that comes to mind when planning a cheap holiday, but it can surprisingly affordable. If you’re after delicious cuisine and world class shopping at affordable prices, Dubai’s popular local cafes and brilliant...

July 18th, 2010 | Dubai Hotels | Read More

Dubai Hotels See Increase in Room Demand during First Half of Dubai Summer Surprises

Hotels and hotel apartments are seeing an increased demand for rooms with the onset of summer. Industry sources say demand has risen by 15 per cent across budget, mid-range, and premium hotels with the ongoing Dubai Summer Surprises contributing to an influx of tourists from the GCC. Another notable...