Sunday 21 January 2018
 
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Occupancy

Jeddah hotel occupancy, revenues continue to slump

Jeddah'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

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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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Jeddah hotel occupancy, revenues slump in November

Hotels 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

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Dubai hotels see occupancy, rates decline in November

Dubai 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

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Abu Dhabi hotels post demand, rates increase in Oct

Hotels in Abu Dhabi, UAE,  experienced strong demand in October this year, resulting in an increase of 12.7 per cent in occupation compared to the same period last year, an STR report said.   Supply during t

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RAK’s hospitality generates positive visitor, occupancy growth

Ras Al Khaimah’s tourism sector has continued to buck the negative trends experienced across much of the Middle East region, posting growth in both tourist arrivals and year-to-date occupancy rates in the nine months to September, accordin

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ME hotel occupancy, rates down in Q3, Africa positive

The hotel industry in the Middle East reported negative performance results during the third quarter of 2017, while hotels in Africa posted growth across the three key performance metrics, according to data from STR - a leading market research f

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Jeddah hotel revenues up 16.2pc in September

Jeddah hotels posted a strong performance across key performance metrics in September, recording its highest jump in revenue per available room (RevPAR) at 16.2 per cent to SR855.49 ($228). Average daily rate (ADR) also increased

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Dubai hotels' occupancy, rates decline in September

Dubai'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

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Mideast hotels post mixed results in August

Hotels in the Middle East reported mixed performance results during August, while hotels in Africa posted growth across the three key performance indicators, according to data from analytics and marketplace insights provider STR.

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