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Jeddah hotels hit by supply growth in November: STRPreliminary data for November2018 from analytics firm STR for Jeddah, Saudi Arabia indicates negative performance comparisons affected by continued supply growth. Supply was up by 8.1 per cent year-over-year, while demand g More… |
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Hotels see decline in Mideast; good growth in AfricaHotels in the Middle East reported October 2018 performance declines, while hotels in Africa posted growth across the three key performance metrics, according to data from STR. In the Middle East, occupancy was More… |
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Dubai hotels’ demand, supply up; ADR downDubai hotels witnessed significant growth in demand (room nights sold) in July, but performance levels remained low due to pressure from increased supply, a report said. The absolute average daily rate (ADR) le More… |
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Over 500 hotels under construction in MEAHotel supply in the Middle East and Africa (MEA) continues to grow as the region has registered a total of 530 properties with 141,400 rooms currently under construction. Of the total, about 386 hotels (114,456 rooms) are in the M More… |
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Over 500 hotels under construction in MEAHotel supply in the Middle East and Africa (MEA) continues to grow as the region has registered a total of 530 properties with 141,400 rooms currently under construction. Of the total, about 386 hotels (114,456 rooms) are in the M More… |
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Saudi cities to add 30,000 hotel rooms to MEA supplyMore than 300 hospitality properties are under construction in Middle East, which, on completion, will add 105,037 rooms to the current supply. Of this Makkah and Riyadh alone will boast nearly 30,000 rooms, according to industry monitor STR. More… |
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Saudi cities spearhead MEA hotel construction pipelineMore than 300 hospitality properties are under construction in the Middle East, which, on completion, will add 105,037 rooms to the current supply. Of this Makkah and Riyadh alone will boast nearly 30,000 rooms, according to industry monitor STR More… |
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ME hotel room construction up 22.4pc in JanuaryThe number of hotel rooms under construction in the Middle East during January has risen by 22.4 per cent compared with the same month of 2017, said STR, a global provider of analytics and marketplace insights. The Africa room con More… |
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ME hotel room construction up 22.4pc in JanuaryThe number of hotel rooms under construction in the Middle East during January has risen by 22.4 per cent compared with the same month of 2017, said STR, a global provider of analytics and marketplace insights. The Africa room con More… |
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Dubai hotel occupancy tops 86pc in JanuaryHotels in Dubai, UAE saw an occupancy rate of 86.4 per cent during January, rising 1.5 per cent year-on-year, according to preliminary data for the month from STR, a global provider of analytics and marketplace insights. Both supp More… |
