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ABU DHABI NATIONAL HOTELS COMPANY POSTS 54% PROFIT CLIMB
Info-Prod Research (Middle East), July, 2005
>According to Al-Bayan newspaper (July 24, 2005), Khalifa Nasser Al
Mansoori, Chairman of Abu Dhabi National Hotels Company (ADNH),
announced that ADNH had registered Dh 194 million net profit in the
first half of 2005 compared with Dh 126 million in the same period
last year, an 54%. Khalifa Nasser Al Mansoori, Chairman of Abu Dhabi
National Hotels, added that several key factors have had a positive
impact on this robust performance, notably the overall growth of the
domestic economy, the attraction of Abu Dhabi as a growing key
business and leisure centre and the increased activity in the air
transport by the national carrier Etihad Airways.
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