Atlantis reduces room rates

23 November 2008

Business at Atlantis, the $1.5bn (Dhs5.5bn) hotel on the Palm Jumeirah is slow, with low occupancy resulting in lowered room rates. The average room rate on November 17 was Dh849 ($231) and by last Thursday had reduced to Dhs157 ($44), said Gulf News. The occupancy levels for Monday are forecasted at 26% rising to 33% on Tuesday.

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