Habtoor Hotels held its Financial Plan Year 2012 presentation to Khalaf Al Habtoor, Chairman of Al Habtoor Group, and it’s Vice-Chairman and CEO Mohammed Al Habtoor and the Group directors on the 30th of November 2011.
Habtoor Hotels owns and operates four hotels in Dubai, and has over 30 years of hospitality experience, the Metropolitan Hotel on Sheikh Zayed being its first venture.
The four hotels have achieved good results in 2011 and have maintained a robust market share. The Hotels Management teams are optimistic for the year 2012 and have manifested that by presenting a budget with a healthy growth of 10% in Revenue and 17% in GOP over the current year.
The chairman of Al Habtoor Group, Khalaf Al Habtoor said: “We are pleased with Habtoor Hotels performance in 2010, and I am confident that our management will exceed our expectations in the coming year. Dubai remains one of the most popular destinations in the world for all kinds of tourism and on the recent years for business tourism.”