Tag Archives: Canal Central Hotel business bay

Canal Central Hotel Business Bay, the luxurious 5-star Hotel along the famous Dubai Canal, recorded significant growth, entering 2022 with a 157 percent increase in revenue per available room (RevPAR), compared to the same period in 2021. The growth has been driven by the rise in the travel trade segment as the city hosted several key events and exhibitions last year, such as the opening of the Expo 2020, the UAE Golden Jubilee, and the recently concluded Dubai Shopping Festival. There is a growing preference for hotels in Business Bay because of its proximity to Dubai International Convention Centre and Exhibition Halls and the Dubai International Financial Centre. It is also a few minutes away from Dubai’s exciting tourist spots such as The Burj Khalifa, The Dubai Fountain, and the soon-to-open The Museum of the Future. “Despite the previous year’s challenges, Canal Central Hotel Business Bay had a great start to 2022. We had record growth in our RevPAR, and we look forward to maintaining this throughout the year. We are confident that our strategic location, our diversified packages to cater to leisure and business travelers, and our excellent offerings will further boost the growth that we have already established. I would like to thank our loyal guests and the UAE government for their support of the hospitality industry,” said Gladvin Francké, Head of Hospitality. According to the latest Dubai Tourism Performance Report, the average length of stay in a hotel increased from 4.2 nights in 2020 to 4.6 in 2021. Average daily rates (ADR) went from AED343 to AED451, and revenue per available room (RevPAR) went from AED184 to AED301, indicating strong performance in the industry. The top sources …

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