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Sunny Outlook for HMH - Hospitality Management Holdings this Summer

Posted Sun 24 Jun 2012 11:56:35 am in News, Tourism & Hospitality | By Dubib.com News Desk

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Michel Noblet - President & CEO, HMH

With a challenging summer ahead, HMH - Hospitality Management Holdings has rolled out a number of lucrative promotions available across its various brands namely Coral Hotels & Resorts, Corp Executive Hotels and EWA Hotel Apartments operating over 30 hotels in the Middle East and Africa.

 

Michel Noblet, President & CEO, HMH, remains upbeat about the performance of hotels under the group. He said, "We are expecting a busy season. So far our hotels have put up an impressive performance with a strong occupancy in the UAE and KSA averaging at 85%. The RevPAR too has grown by 14.7% compared to last year. However, the same cannot be said about some of the other destinations in our network such as Yemen, Egypt, Jordan and Syria owing to the political situation there."

According to Dubai Department of Commerce Marketing, fourteen new hotels with a total of 1,605 rooms have opened this year in Dubai putting pressure on the supply and demand chain.

 

Michel said, "There is always a slowdown during summer. Holiday travellers are quite sensitive to price. However, value offers such as 'Dollar One Deal' and 'Stay, Play & Save' entice them to book their stay with us.

 

He also stressed on the importance of product innovation to meet the needs of the discerning and diverse market segments. "We offer a safe and family-friendly environment being an alcohol-free chain and this makes our brands unique and a preferred choice in the region."



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