Monday 25 June 2018
 
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ME hotel occupancy, rates down in May, Africa results positive

Hotels in the Middle East reported negative performance results for the month of May while hotels in Africa posted growth across the three key performance metrics, according to data from STR. Occupancy levels in the Middle East fe

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Dubai hotels outperform Mena market in Q1

Dubai’s hospitality sector remains amongst the top performers in the Mena region, achieving the highest occupancy, average room rate (ADR) and revenue per available room (RevPAR) in the first quarter of 2018, a new report showed.

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Cairo, Al Khobar to become key tourist cities

The Egyptian capital Cairo and Saudi Arabia's Al Khobar city are expected to become tourist hot spots over the next couple of months with forecasted growths of 15 per cent and 6 per cent respectively in revenue per available room (RevPAR), a

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Abu Dhabi hotel occupancy rates rise in April

Hotels in Abu Dhabi continued to see occupancy levels rise in April despite an absence of high-impact market events, which would have resulted in a higher volume of bookings. According to STR’s preliminary data report, it wa

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Jeddah hotel occupancy, revenue rates hit new low

The hospitality sector in Saudi port city of Jeddah registered a negative performance with regard to occupancy rates and also revenue growth mainly due to a 10 per cent  jump in supply, said a report. Last month there was a s

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Middle East hotels post mixed performance in Q1

Hotels in the Middle East reported mixed Q1 2018 performance results, while hotels in Africa posted growth across the three key performance metrics, according to data from STR - a leading market research firm. Occupancy levels in

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Abu Dhabi hotel occupancy slows in Q1

Despite the ongoing increase in supply, Abu Dhabi hotels witnessed an increase in occupancy levels during the first quarter of the year, registering a 5 per cent jump to 79 per cent, JLL’s Q1 2018 Real Estate Market Overview Report reveale

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Dubai hotels see occupancy, revenue dip in March

Hotels in Dubai witnessed slow growth across key performance indicators in March, registering a slight drop in revenues and occupancy rates for the month, said a report. Occupancy stood at 85.7 per cent in March, slipping 0.6 per

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ME hotels show negative results for November

Hotels in the Middle East reported negative performance results during November 2017, while hotels in Africa posted growth across the three key performance indicators, according to STR, a provider of analytics and marketplace insights.

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ME hotels' occupancy, rates drop in September

Hotels in the Middle East saw an overall decline in performance across occupancy and average room rate (ADR) parameters, resulting in a revenue per available room (RevPAR) performance drop across most of the international branded four and five s

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