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 18:25 2016 Wednesday ,16 March
Ministry of Foreign Affairs and International Cooperation hails co-operation and partnership ties with EU
GMT 10:04 2019 Monday ,19 August
Live a tense and noisy atmosphere
GMT 08:45 2017 Saturday ,15 April
Foreign Minister Receives WTO Delegation
GMT 17:56 2018 Sunday ,25 November
Amman stock market wraps up trading at JD2.6 million
GMT 08:14 2017 Saturday ,12 August
Belgium's giant omelette festival aims
GMT 13:42 2017 Sunday ,17 December
26 dead from landslides after Philippine storm
GMT 05:32 2017 Saturday ,29 April
Al Faisaliah voted ‘Best Business Hotel in Riyadh’
GMT 15:53 2016 Sunday ,22 May
PEX Report: Index Down at start of week trading
GMT 16:59 2017 Wednesday ,22 March
UAE v Japan: Mahdi Ali has selection headaches ahead of 2018 World Cup qualifier
GMT 12:39 2015 Sunday ,18 October
Surgery made me feel connected to other women
GMT 12:56 2017 Thursday ,23 November
UAE Inaugurates Digital Archaeology Exhibition
GMT 07:27 2019 Tuesday ,20 August
Think of a new strategy and give you a variety of possibilities
GMT 18:56 2014 Tuesday ,15 April
Gambia bans flights from Ebola-hit nations
GMT 04:03 2017 Tuesday ,09 May
’Baahubali 2’ becomes India’s highest-grossing movie
GMT 08:35 2018 Saturday ,20 January
Amazon's indigenous people 'never so threatened': pope
GMT 09:09 2017 Thursday ,21 September
Kagawa leads Dortmund 'fire engine' back
GMT 13:18 2013 Saturday ,13 July
Surya Brasil launches treatments for dyed and damaged hair
GMT 09:22 2017 Sunday ,05 March
UAE insurance snag for electric vehicles over repairs
GMT 13:20 2017 Monday ,14 August
53 ships transit Suez Canal
GMT 22:46 2016 Sunday ,10 April
Strong earthquake hits Afghanistan, Pakistan, India, casualty not reported yet
GMT 14:47 2018 Monday ,19 November
Terrorists’ infiltration attempts towards military posts in Hama Countryside foiled
GMT 11:05 2018 Sunday ,28 October
US builds up arsenals in Europe to deter Russia
GMT 12:50 2018 Wednesday ,19 September
Huawei sees over 100% growth in UAE smartphone sales
GMT 09:43 2017 Saturday ,08 July
Abbas offers condolences to Sisi over victims of Rafah terror attack
GMT 21:06 2017 Wednesday ,26 July
German army helicopter crashes in Mali
GMT 18:26 2017 Wednesday ,08 February
Shoukry due in Jordan to convey Sisi's message to monarch
GMT 04:15 2017 Monday ,08 May
Mercenaries killed in Jawf
GMT 12:31 2015 Sunday ,18 January
INU, the smart, high-end electric scooter
GMT 11:46 2017 Wednesday ,01 March
NBAD given green light to expand euro note programme
GMT 18:30 2016 Tuesday ,06 December
Hilton Worldwide introduces Laureate Jeddah College students to hospitality careers
GMT 14:14 2016 Friday ,23 December
Russia loses sporting events as federations act
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