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ATECA Hotel Suites has announced its outstanding performance during the typically low-business summer months, posting an impressive average occupancy rate of 87% from May to July.


ATECA Hotel Suites has announced its outstanding performance during the typically low-business summer months, posting an impressive average occupancy rate of 87% from May to July.

Category: Asia Pacific - Uzbekistan - Industry economy - Figures / Studies
This is a press release selected by our editorial committee and published online for free on 2023-08-17

This stellar achievement continues to position the hotel as a market leader, surpassing competing establishments in the region.

Forecasts for August and September are equally optimistic, based on the current market trends and the strong position held by the hotel. The extraordinary results are not only indicative of the hotel's premier offerings but also underscore the burgeoning appeal of Uzbekistan as a leading tourism destination.

Dubai-based, Michel Noblet, the Executive Chairman of ATECA Holding, hailed the remarkable results:These exceptional numbers are a testament to the dedication and hard work of our team. The flourishing tourism landscape in Uzbekistan, bolstered by commendable governmental initiatives and local tourism bodies, promises an exhilarating growth trajectory. From Asia to Europe and the Americas, the nation is rapidly becoming a hotspot for travelers from around the globe."

Hina Bakht, Vice Chairperson of ATECA Holding, shared her insights: "From the very inception of ATECA Hotel Suites operations in September 2021 to the record-breaking performance this summer, our journey has been one of unwavering commitment to excellence. It reflects our dedication to crafting exceptional experiences for our guests. As we set our sights on further growth, we remain confident in our ability to support the continuous growth of the hospitality sector in Uzbekistan."

ATECA Holding, under the leadership of Michel Noblet, boasts unmatched expertise and experience that spans five continents over 65 countries, ranging from Europe to the Middle East. Michel's impressive 55-year trajectory has seen him develop and operate an array of landmark hotels and award-winning mixed-use commercial ventures.

Leveraging this immense wealth of experience, ATECA Holding has set its sights on expansive plans in Uzbekistan. The company is keenly scouting opportunities to manage and operate hotels, with a distinct objective: to significantly boost their financial performance with the highest international standards.

Michel stressed, "Having journeyed to Uzbekistan, I stand committed to bolstering its burgeoning tourism sector, which has graciously opened its doors to international experts. My prime objective is not just to uplift the industry, but to breathe new life into hotels that might be underperforming as well as play a part in the professional development of the amazing people of Uzbekistan. The crux of our success lies in how the nation and its people receive and support foreign experts. It's imperative that foreigners feel a warm welcome, much like the embrace we experience in Dubai, my current base. Together, we can chart a new course for the hospitality industry in this beautiful land with the rich ‘Silk Road’ heritage."

About ATECA Hotel Suites

ATECA Hotel Suites takes great pride in selecting the highest quality products and services to enhance the guest experience. Seamlessly connecting life, business and pleasure ATECA Hotel Suites superb facilities include fascinating dining and entertainment experiences with multiple outlets – Fringale Restaurant & Bar with indoor and al fresco dining, Rendezvous Bar & Tea Lounge, Gourmandise - Deli Corner, Iris meeting room, mobile business centre and complimentary high-speed Internet – all wrapped in ATECA’s great service.

About ATECA Holding

ATECA Holding is a diversified group of companies operating in multiple sectors, from hotel management to tourism, investment, real estate, marketing and training. The organization is focused on development of tourism in Uzbekistan which holds huge potential for growth and is a key pillar of the economy, followed by Central Asia.

Every aspect of the group’s business is a mark of perfection and is a step towards stronger brand equity and market leadership. Through the broad spectrum of its operations, ATECA Holding is eager to capitalise on every opportunity in the region to maximise the value of its resources, enhance returns for its associates and shareholders and create long-term value for all.

About ATECA Hotels

ATECA Hotels offers owners, investors, partners, associates and communities a world of opportunity. Through our strategic approach to development, ATECA Hotels is focused on delivering superior return on investment with great guest experiences built around French savoir faire and Emirati hospitality. Capitalising on our exceptional global experience and expertise, our goal is to offer owners and investors a competitive advantage through our distinctive portfolio of brands (ATECA Grand Hotel, ATECA Hotel Suites, ATECA Residence Hotel, ATECA Inn & ATECA F24/7 Hotels), innovative products, world-class hotel management solutions, powerful systems, extensive market network and intuitive service.

More about...
ATECA Hotel Suites
Yunusobod C-6, House 111, Apartment 2
100213 Tashkent


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