Dubai hotel group Jumeirah has said it will open at least five new hotels next including debut properties in Bahrain, Oman and Bali.
The expansion plans come after the firm saw a 5 per cent increase in room nights and 6 per cent increase in room revenues in 2017 and stable occupancy amid tough market conditions in the GCC.
The company is also planning to refurbish and re-open the Jumeirah Beach hotel in Dubai next year in the build-up to its 21st birthday.
The new hotels include Jumeirah Royal Saray, Bahrain, Jumeirah Sa’adiyat Island, Abu Dhabi, Jumeirah Bali, Indonesia, Jumeirah Nanjing, China and Jumeirah Muscat Bay, Oman.
The company is also planning to refurbish and re-open the Jumeirah Beach hotel in Dubai next year in the build-up to its 21st birthday and will open a major hotel in Makkah in 2019.
“Our strong performance in 2017 is evidence of our robust and forward-looking business strategy and we are confident of continuing the success story in new markets in 2018,” said vice president of global sales for MEASA and ASPAC Linda Lewis.
The company has yet to appoint a new CEO after Stefan Leser’s departure in May.