MEA Hotels Are 35 Percent Of Kempinski 2009 Earnings
Published by Irhal
Middle East and Africa (MEA) hotels account for 35 percent of Kempinski’s total international earnings in 2009. MEA President for Kempinski said this figure is 10 percent less than last year, but the region continues to be the most profitable for the Kempinski Group. Ulrich Eckhardt said “We are the youngest entrant – only 12 years, and currently have 14 properties operating in the region, but we still make…
Ulrich Eckhardt said “We are the youngest entrant – only 12 years, and currently have 14 properties operating in the region, but we still make the most in terms of global group earnings.” He said that 2009 was a bad year for Kempinski and the entire hotel industry. Mr. Ulrich did not state the change in global earnings but said revenue per available room for Kempinski Mall of the Emirates fell more than 12 percent compare to last year.
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