Leading Asia hospitality group, Dusit International reported a significant year-on-year increases in revenues for 2012.
According to group director of development, Rustom Vickers, the group has seen a positive trend from 2011 into 2013, in both RevPar and occupancy, especially in markets like Dubai.
“It’s already been a strong start to 2013, which we expect will continue going forward.
“Asia continues to show the strongest growth, particularly South East Asia, however the Middle East is not far behind with Dubai leading the way. The Levant region, however, continues to struggle with unrest in some areas. We are confident that the market will improve in 2013 and continue to move upwards in the medium term,” said Vickers.
Building on the foundations of having been in the Middle East for over a decade, Dusit International is actively growing its in the region with projects coming up in Qatar, Saudi Arabia, UAE, and Bahrain.
“Our plan is to establish a strong network of properties across the GCC. As such, we are strengthening the regional office in Dubai to support our growth and ensure the hotels are successful in bringing new demand markets--and our offering of Thai hospitality – to the region,” he added.
The Dusit International has four properties in the region today – the Dusit Thani Dubai and Dusit Thani LakeView Cairo and two serviced apartment properties, Dusit Residence Dubai Marina and Pearl Coast Premier Hotel Apartments, Dubai. Vickers is confident of doubling the brand’s presence in the region, having 10 operational properties, within the next two years.
“Aside from our project openings which will be announced throughout the year, Dusit Thani Dubai will continue with its refurbishment programme, upgrading the property which has been in operation for over ten years,” he concluded.