Hotels in the Middle East reported mixed results in the third quarter of the year while hotels in Africa showed positive results during Q3, according to a new report.
Compared with Q3 2015, the Middle East reported a 1.6 per cent increa
Hotels in the Middle East reported mixed results in key performance metrics this August, posting a 2.3 per cent increase in occupancy to 65.2 per cent compared to August 2015, said a report.
However, average daily rate (ADR) was d
The UAE recorded impressive figures for hotel occupancy this Eid Al Adha, with the surge in occupancy estimated to be more than 80 per cent all over the Emirates during the five-day Islamic holiday.
Tamani Marina Hotel Dubai, a &l
Armed Forces Officers’ Club & Hotel in Abu Dhabi has announced a record surge in occupancy rates during the summer season.
The iconic landmark has immediately become a popular choice for conferences, weddings and other c
Dubai's hospitality sector witnessed occupancy levels jump 3.4 per cent to 76.1 per cent in August.
According to August data released by STR, the UAE emirate reported increases in supply (over 5.5 per cent) and demand (over 9.
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
Travellers have booked fewer hotel rooms in downtown Miami, and leisure airfares to the greater Miami area have inched down in the weeks since the Zika virus was detected there, data reviewed by Reuters shows.
Hotels sold 2.9 per
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
Hotels in the Middle East reported mixed results in key performance metrics this June, posting a 16.3 per cent decrease in occupancy to 48.9 per cent compared to June 2015, said a report.
Average daily rate for the month was up 12
Prime retail developments in Abu Dhabi, UAE, continued to display stability in both rental and occupancy rates during the second quarter (Q2) of the year, according to a report released by global real estate consultancy firm CBRE.