The hotel leisure market has yet to see any real effect of the credit crunch, according to Hyatt Hotels and Resorts.
Published: 26 Nov 2008
Hyatt’s UK area director of sales, Sholto Smith, said US and Middle Eastern markets are continuing to do well with UK travelers. Smith said: ‘UK outbound traffic to the US market has been very strong. The US has been on the up, thanks to a fantastic exchange rate and good flight deals.’
He added: ‘Leisure travellers tend to book in advance, so that market has not yet been affected by the credit crunch but it probably will.
‘At the moment, our leisure traffic from the UK is very positive.’
Hyatt is continuing with its huge expansion plan in the Middle East, including one each of the company’s Regency, Grand Hyatt and Park Hyatt brands in Dubai, two newbuilds in Abu Dhabi and one in Doha over the next two years.
Hear how Hyatt’s revenue managers are bucking the global trend and keeping up record occupancy and room rates at Hotel Revenue Management and Pricing Middle East. On 15-16th December in Abu Dhabi Binu Varghese, Revenue Manager at the Grad Hyatt Dubai, will explain to delegates how to leverage the most from a property using Total Revenue Management.
To ensure that you don’t miss this vital opportunity to learn from companies such as Hyatt, Accor, Jumeirah, Rotana, Air India, Strawood and Citigroup regsietred today at www.eyefortravel.com/rmme.
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