Al Bustan Center & Residence reports excellent growth in 2012

Al Bustan Centre and Residence, the popular hotel apartment among visiting tourists and businessmen in the heart of Dubai, is pleased to announce that 2012 is a “record” year for the property with excellent growth in revenue and room nights. Thus, the management looks to 2013 as another promising year with a forecast of 85% occupancy year round.
During the holiday season, Al Bustan Centre & Residence witnessed an excellent performance with almost full occupancy, which is higher than 2011. Majority of the guests are Russians, Europeans and GCC travellers.
Moussa El Hayek, COO, Al Bustan Centre & Residence, commented: “The year 2012 set the record for Al Bustan Centre & Residence in terms of revenue, room nights and the number of tourists staying at the property since its inception. We exceeded our expectations in terms of occupancy and room revenue and we were able to achieve new records that we never witnessed in the past.”
In 2012, Al Bustan Centre & Residence received more than 50 tour operators bringing in 1,000 agents from CIS markets which show the importance of Dubai as a prime destination for the CIS market. Dubai attracts people and families from Russia and Europe during this period to spend their school holidays in addition to several attractions and activities taking place such as the Dubai Shopping Festival, with Al Bustan Centre & Residence as a participating mall.
Al Bustan Centre & Residence continues to strive to offer the best service to its valued guests thus the property invests towards people development. In 2012, few important steps have been taken such as the introduction of programs in various categories such as Management, Leadership and Personal development.
This year, Al Bustan Centre & Residence will make its presence even stronger and maintain its business relationship within the travel trade and tourism industry by participating in several overseas exhibitions under the umbrella of the Department of Tourism and Commerce Marketing (DTCM).
El Hayek added: “We feel 2013 will be a continuation of the previous year and our expectations are very high especially concerning the Travel Trade segment. Dubai became a trade mark in the tourism world and we are able to compete with leading destinations like Turkey and Egypt. We are also expecting traffic from new markets like China and Eastern Europe. We are full of confidence that year 2013 will be another excellent year for the property!”
Background Information
Al Bustan Centre & Residence
Established in 1997, Al Bustan Centre and Residence has closely witnessed the rise of Dubai as a hub for tourists, and alongside played an eminent role in catering to its guests. It emerged as a favorite destination for tourists, especially the ones on business and carved a name for itself in the MICE Industry. The property earned its great reputation from its loyal customers and good market segments. The reason behind its success is its drive to stay up to date with time and the changing trends of its guests.