Jumeirah Group has added a 20th hotel to its international portfolio and is claiming the top spot in terms of hotel performance in Dubai.
During the first four months of 2012, the beachfront resorts recorded extended periods of high occupancy averaging at 84.4%, while RevPAR grew by 18.7%.
The company said its city hotels also regained their leading position with increased average occupancy of 85.5% and RevPAR growth of 8.4%.
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Speaking on the eve of the Arabian Hotel Investment Conference in Dubai, Jumeirah Group executive chairman Gerald Lawless said: “I am very pleased to see that the recovery in the Dubai leisure market that we experienced in the second half of 2011 has been sustained and further developed in the first quarter of 2012.
“We registered an impressive performance in our Dubai beach hotels where we have grown the RevPAR by 18% and have maintained our number one position within our competitive set. We have now expanded our international portfolio from 10 properties in the beginning of 2011 to 20 hotels and residences today.
“These include new properties in Abu Dhabi, Dubai, the Maldives, Shanghai, Frankfurt, Istanbul, London, Mallorca and Rome. Jumeirah is now taking its place firmly in the top echelons of global luxury hotel brands and we are well underway to positioning ourselves as one of the leading luxury brands worldwide.”
In the USA, Jumeirah Essex House continued to benefit from the revival of the corporate travel market and recorded occupancy increase of 4.6% and RevPAR increase of 6.3% year-on-year.
Jumeirah said its Jumeirah Frankfurt property had already established itself among market leaders and expected the German leisure market would also be strong into its newest Spanish resort, Jumeirah Port Soller Hotel & Spa, which opened on April 24 in Mallorca.
Currently the Group operates 20 luxury hotels and residences across 10 global destinations, with a pipeline of 16 hotels under development. The next openings are scheduled to be in Baku, Dubai and Kuwait.
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