More than 70% occupancy of Sharjah National Hotels Company
More than 70% occupancy of Sharjah National Hotels Company
Cairo - Mena
Sharjah National Hotels Company, a subsidiary of Sharjah Islamic Bank (SIB), recorded a strong performance during the first half of this year, confirming the emirate’s position as a preferred destination for families.
The company reported an average of more than 70 percent occupancy during the first six months of 2017. A strong performance during the first half of the year helped the group increase its revenues from last year. The company recorded a one-digit growth in revenue in the first half of 2017 compared to last year.
The total income of Sharjah National Hotels Co. for the period from January to June increased by five percent compared with the same period last year. The net operating profit increased to more than AED1 million over the same period in 2016.
Ian Phillips, Chief Executive Officer of Sharjah National Hotels Company, said "We are pleased to achieve these results. The company's success levels have been encouraging so far, and seem to be in line with our expectations and targeted growth for this year."
"The second half of each year is always much better than the first half, which helps us achieve our strategic goals for the year," he added.
Source: WAM
- Monday ,06 November GMT 08:46 2017 Investment minister confers with UNDP director on small enterprises
GMT 12:33 2018 Tuesday ,27 November
Egypt's imports of poultry, sugar drop over past 10 monthsGMT 13:14 2018 Monday ,12 November
Budget deficit rises to EGP 83.9 billion in 2 monthsGMT 11:39 2018 Thursday ,25 October
Egypt's Abdel Fattah El Sisi approves IOFS statuteGMT 12:14 2018 Thursday ,06 September
Arab socio-economic council holds meetingGMT 08:46 2017 Monday ,06 November
Investment minister confers with UNDP director on small enterprisesRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launc...Read More
GMT 09:43 2019 Monday ,19 August
Live a calm atmosphere in your career
GMT 13:30 2017 Saturday ,11 March
Arsenal Will Require Miracle to Go Through after Bayern DrubbingGMT 19:20 2012 Tuesday ,13 November
Angela Flanders launches Aqua Alba fragrance
GMT 12:53 2014 Saturday ,18 October
Harrods launches Salon de Parfums
GMT 21:21 2018 Thursday ,13 December
US begins crackdown on Iran sanctions violations
GMT 04:03 2013 Friday ,14 June
IBM\'s layoffs exceed 1600
GMT 10:16 2013 Monday ,18 March
ST-Ericsson to cut up to 1600 jobs worldwide
GMT 08:03 2012 Friday ,28 December
French shipyard given luxury liner contract
GMT 15:52 2017 Sunday ,26 February
GOIC Review Cooperation Aspects with King Abdullah University of Science and Technology
GMT 16:00 2015 Tuesday ,30 June
Eurotunnel: Trains resume service through Channel Tunnel after protest
GMT 13:31 2013 Thursday ,22 August
William Wilde introduces debut men\'s underwear collection
GMT 15:00 2016 Wednesday ,02 March
Leonardo DiCaprio nabs Oscar gold, 22 years on
GMT 11:45 2017 Wednesday ,26 April
Deputy PM receives education seminar participants
GMT 12:08 2017 Thursday ,14 September
VW recalls 4.86 million vehicles in China over faulty airbags
GMT 11:10 2017 Friday ,03 March
UAEU students design car to compete in Singapore eco-marathon
GMT 17:22 2017 Tuesday ,11 April
Trump’s strike against Assad in Syria: The message for Iran
GMT 06:48 2013 Thursday ,31 October
Denmark\'s Noma restaurant \'threatened interns with blacklist\'GMT 10:36 2012 Tuesday ,26 June
Djokovic, Sharapova qualify for Wimbledon 2nd round
GMT 08:11 2012 Monday ,09 January
Olympus sues current and past executives
GMT 05:24 2017 Saturday ,28 January
South Sudan aims to increase oil output
GMT 15:16 2018 Tuesday ,13 November
Climate change losses could trigger 'extinction domino effect'
GMT 08:09 2018 Monday ,12 November
Japanese whalers leave for Antarctic amid international criticism
GMT 11:42 2018 Thursday ,08 November
8 Yemenis killed in random Houthi shelling
GMT 05:46 2014 Wednesday ,19 February
World\'s oldest man reportedly living in India at 117
GMT 14:51 2018 Tuesday ,09 October
Top Egyptian terrorist nabbed in LibyaGMT 09:17 2012 Sunday ,09 December
Senior Yemeni military commander killed in \'Al-Qaeda\' ambush
GMT 14:35 2014 Wednesday ,19 March
DM focuses on quality construction materials
GMT 07:52 2014 Monday ,24 February
Boart Longyear posts full-year net loss of $620m
GMT 11:01 2013 Thursday ,28 March
Honda sets up motorcycle unit in Kenya
GMT 00:06 2015 Friday ,06 March
Mahlab meets with Red Sea governor on donations for Tahya Masr fundGMT 05:40 2012 Sunday ,18 March
Egypt: Pope Shenouda III, aged 89, has died
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor