24 November 2017

Hotels


Preferred Hotels shares insights
November 2017 1325

Preferred Hotels & Resorts reported solid growth on a global and regional level with an addition of 84 hotels to its distinctive portfolio. This growth marks enhanced luxury travel activity in the Middle East, topping 18 per cent across Preferred properties in the region, Dubai’s growth is even more impressive at 34 per cent.

Over the past few years, Preferred Hotels & Resorts has expanded its presence in the Middle East with recent entries in new markets such as Saudi Arabia and Bahrain. The regional brand’s portfolio currently offers 23 hotels, which includes seven new additions across six markets

Outbound travel for Preferred Hotels & Resorts is on the rise with the United States, Switzerland and the United Kingdom leading the list of international destinations for UAE and GCC residents.

Preferred Hotels & Resorts’ growth in the Middle East and specifically in Dubai fall into a context of a booming tourism industry in the emirate which accounts for around 20 per cent of the emirate’s GDP.  


PREFERRED Hotels & Resorts





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