The Ritz-Carlton Abu Dhabi, Grand Canal si one of the properties who conytributed to ADNH?s rise in revenues. The Ritz-Carlton Abu Dhabi, Grand Canal si one of the properties who conytributed to ADNH?s rise in revenues.

Abu Dhabi National Hotels (ADNH) financial results for the first nine months of 2013 have revealed that ADNH posted AED 842mn (US $230mn) in operating revenue, an increase of AED 93mn ($25mn) compared to the same period in 2012.

ADNH’s gross profit now stands at AED 95.7mn ($26mn) while net profit was recorded at AED 58.83mn ($16mn) for the same period, with ADNH's total assets now standing at AED9.62bn ($ 2.62bn).

According to ADNH’s financial report the company’s hotel division, consisting of both internationally-branded owned hotels as well as its Abu Dhabi-based brand Al Diar, contributed significantly towards the profitability of the company.

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The strong performance of the company's biggest hotels such as the Park Hyatt Abu Dhabi Hotel & Villas, Sofitel Dubai Jumeirah Beach and Ritz-Carlton Abu Dhabi, Grand Canal all led to an increase in the total revenue of the company's hotel division to AED 562mn ($153mn) compared to AED 468mn ($127mn) during the same period in 2012.