Friday 2 May 2014

Jumeirah Group’s 2013 operating profit up 8% | GulfNews.com

Jumeirah Group’s 2013 operating profit up 8% | GulfNews.com:



"Jumeirah Group, luxury hotel company and a member of Dubai Holding, saw operating profit and consolidated revenue grow by eight per cent last year over 2012, according to a statement on Thursday. It, however, did not disclose the actual numbers.



Revenue under management, meanwhile, was up 11 per cent.



Occupancy and average room rates across Jumeirah’s owned and leased portfolio was up five per cent, which led to a growth of 11 per cent in revenue per available room. Consolidated room revenue grew by 11 per cent."



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