Room prices at Dubai’s Armani Hotel, which occupies the first six floors of the Burj Khalifa, are trading at 40 percent down from the published rates at launch, Arabian Business can reveal. Seven months after its opening, a standard room at the 160-room Armani hotel will now set back guests AED2,400 ($653) compared to a rate card price of AED4,000 at the end of April. The cost of a two bedroom suite, originally priced at AED40,000, can now be snapped up for AED24,000, according to the hotel’s reservations desk.

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