Sunday 23 July 2017
 
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ME hotel occupancy, rates down in May, Africa results mixed

The hotel industry in the Middle East reported negative results during May 2017, while hotels in Africa recorded mixed results in the three key performance metrics, according to data from STR. Occupancy levels in the Middle East d

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Leisure demand fuels profit growth at Dubai hotels

Strong growth in both volume and price in the leisure segment in April helped hotels in Dubai secure one of the most significant increases in top and bottom line performance in recent years, according to the latest data from HotStats.

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Qatar hotel occupancy, rates decline in Q1

Due to slowing economic activity and corporate spending, hotels in Qatar have experienced a decline in occupancy and average rates during the first quarter of 2017, a new report has revealed. According to a market review released

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MEA hotels report positive results in April

The hotel industry in the Middle East and Africa (MEA) posted growth in the three key performance metrics during April 2017, according to data from STR,  a hotel data benchmarking firm. April marked the first month since September

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Dubai hotels post highest occupancy rates in March

Dubai city hotels continue to lead in terms of the highest occupancy in the  Middle East and North Africa (Mena) region, recording 88.6 per cent occupancy in March 2017. However, average daily rates (ADR) in Dubai dropped by 8.4 pe

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Dubai hotels see rates decline in March

Hotels in Dubai reported significant declines in both average daily rate (ADR) and revenue per available room (RevPAR) in March, according to preliminary data from research firm STR. The steepest fall was in RevPAR, which slid 11

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Abu Dhabi hotels see occupancy, rates decline in Jan

Abu Dhabi's hospitality sector reported sharp declines across key performance metrics in January 2017, with the steepest fall recorded in revenue per available room (RevPAR), which fell 11.2 per cent to Dh345.68 ($94) year-on-year, said a re

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Abu Dhabi hotels see occupancy, rates decline in November

Abu Dhabi's hospitality sector reported declines across key performance metrics in November, with the steepest fall recorded in revenue per available room (RevPAR), which fell 13.8 per cent to Dh534.97 ($145.6) year on year, said a report.

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GCC hotels post positive RevPAR rates in July

GCC hotels recorded positive revenue per average room (RevPAR) in July this year compared to the same period last year, said a report. According to Hotel Benchmark Survey by Ernst and Young, Saudi Arabia was the only exception, ex

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Abu Dhabi hotel occupancy levels up 3.7pc

Abu Dhabi hotels saw occupancy levels increase by 3.7 per cent to 61.6 per cent in July compared to the same period in 2015. According to preliminary July 2016 data for Abu Dhabi by STR - a leading market research firm - the emira

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