Coral Oriental Dubai reports CIS and Russia boost
RevPAR and room rates up almost 10% from same period last year
Coral Oriental Dubai has reported a surge in business from CIS and Russia this year.
The property in Deira has witnessed almost 10% increases in both average room rate and RevPAR in 2012, compared to the same period in 2011.
“Last year, according to the Department of Tourism & Commerce Marketing, the total visitor figure for Dubai from CIS countries as well as Russia was more than half a million and we expect this to rise substantially as airline routes continue to expand,” said general manager Tony Homsi. He added that this was “owing to the political unrest in other parts of the Middle East”.
“The hotel is enjoying an occupancy of 100% and it was the same at this time during last year but at a lower average room rate,” Homsi said.
“Our objective is to increase the rate by 15% but currently that is proving to be difficult owing to the considerable increase in supply of new rooms,” he added.
The 95-key hotel is located 10 minutes from the airport and includes and business centre, conference room and Mediterranean restaurant.