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Jeddah hotel occupancy, revenues drop in MarchHotel occupancy levels and rates continued to drop in Jeddah as the city recorded a mostly negative performance in March due to a spike in supply. Figures released by STR revealed that hotel occupancy across the Saudi Arabian city More… |
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Plummeting rate hits MEA hotel profitsThe positive start to the year for hotels in the Middle East & Africa was short lived as profit per room fell by 7.8 per cent in February, led by a significant year-on-year decline in achieved average room rate, according to the latest world More… |
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Jeddah hotel occupancy, revenues continue to slumpJeddah's hospitality sector endured another slow month as occupancy and revenue rates continued to decline in December 2017, new data showed. Figures released by STR revealed that hotel occupancy across the Saudi city averaged More… |
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Jeddah hotel occupancy, revenues slump in NovemberHotels in Jeddah suffered in November with occupancy and revenues showing double-digit decreases, according to new data. Figures released by STR revealed that hotel occupancy across the Saudi city averaged 45.7 per cent in Novembe More… |
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Dubai hotels see occupancy, rates decline in NovemberDubai hotels reported declines in occupancy and revenues in November although growth in demand remained healthy during the month, according to STR Global. STR Global’s preliminary November data for Dubai indicated increases More… |
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Profits plummet as MEA hotels return to business as usualFollowing a summer of mixed fortunes, which included a welcome year-on-year increase in profit per room in August, hotels in the Middle East & Africa were back to business as usual in September as gross operating profit per available room (G More… |
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Dubai hotels' occupancy, rates decline in SeptemberDubai's hospitality sector reported declines across key performance metrics in September with the steepest fall recorded in revenue per available room (RevPAR), which fell 14.8 per cent to Dh381.20 ($103.7), said a report. Ave More… |
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Dubai hotels see occupancy, rates decline in JulyDubai's hospitality sector reported declines across key performance metrics in July with the steepest fall recorded in revenue per available room (RevPAR), which fell 14.7 per cent to Dh309.76 ($84.3) year-on-year, said a report. More… |
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Qatar hotel occupancy, rates decline in Q1Due 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 More… |
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Dubai hotels see rates decline in MarchHotels 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 More… |
