04/11/2015 06:06 AST

The National Corporation for Tourism and Hotels announced on Tuesday that it has recorded Dh101.9 million in net profits in the first nine months of the year, marking a drop from the Dh108.4 million recorded in the same time last year.

Revenues were up, however, reaching Dh623.3 million in the first nine months - an 11.3 per cent increase from the Dh559.9 million recorded in the same time last year.


Gulfnews

National Corporation for Tourism joins UAE rush to refinance old debt

28/04/2015

National Corporation for Tourism & Hotels, the owner of the InterContinental Abu Dhabi, has become the latest UAE corporate to seek to refinance its loan portfolio.

The Abu Dhabi-based com

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Low hotel revenues hurt profits

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The Abu Dhabi-based National Corporation For Tourism & Hotels, or NCTH, plans within the next three years to open a trio of five-star hotels in the nation's capital worth more than Dh2 billion, a top

Khaleej Times

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