ADNH Net Profits Jump 27.8 Percent

ADNH chairman Saif al Hajeri said all business divisions continue to thrive and “Hotel operations are performing positively as high rates of occupancy and stable room rates were registered in all international and Al Diar hotels.” Executive vice-president of Jones Lang LaSalle Hotels said the capitals hotel industry has been helped by a room shortage and major events. However STR Global data shows revenue per available room (RevPar) dropped by 16.9 percent in September compared to the same month last year. Average daily room rates fell 6.8 percent to $200.52.