Wednesday 29 June 2016
 
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Ramadan boosts Makkah hotel revenues

The Saudi Arabian city of Makkah was the only major hotel market in the Middle East to experience an increase in revenue per available room (RevPAR) during the first two weeks of Ramadan. According to an analysis by STR, the marke

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ME hotel revenues down in May, Africa results mixed

The Middle East region's hotels reported negative results in key performance metrics in May, while Africa reported mixed results in the three key performance metrics of occupancy, average daily rate (ADR) and revenue per available room (RevP

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Abu Dhabi hotel occupancy levels up 1.3pc

Hotels in Abu Dhabi reported a stronger performance across key  performance metrics in May with occupancy levels jumping 1.3 per cent to 74.4 per cent year-over-year, said a report. The UAE capital's hospitality sector al

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Ajman Q1 tourism revenue surges $29m

Ajman witnessed a 20 per cent increase in the number of guest arrivals during the first quarter of the year, generating total tourism revenue of Dh108 million ($29.3 million), a new report has unveiled. According to tourism statis

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Mideast hotel occupancy rates drop to 71.1pc

Hotels in the Middle East reported negative results in key performance metrics this April, posting a 1.8 per cent decrease in occupancy to 71.1 per cent compared to April 2015, said a report. Average daily rate for the month was d

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Dubai hotels occupancy, rates fall in April

Dubai experienced a slow April this year when hotel occupancy levels, average-daily-rate (ADR) and revenue-per-available room (RevPAR) dipped in comparison to the same period in 2015, reports showed. Despite increases in supply (o

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Saudi Arabia hotels report weak performance

Hospitality activity in Saudi Arabia displayed signs of a slow down during the last quarter of 2015 as occupancy rates dipped across the kingdom, with Jeddah (down 14 per cent) being the hardest hit. The materialisation rate of de

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JW Marriott Marquis Dubai revenues jump 13pc

The JW Marriott Marquis Dubai,a luxurious property in the UAE emirate, saw revenues jump 13 per cent in 2015, boosted by a 12 per cent increase in demand . The hotel also saw occupancies across its 1,608 rooms remain constant and in exc

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Mideast hotel occupancy rates drop 5.3pc

Hotels in the Middle East reported negative results in key performance metrics this February, posting a 5.3  per cent decrease in occupancy to 70.2 per cent compared to February 2015, said a report. Average daily rate for the

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Abu Dhabi hotels see occupancy, rates decline in February

Abu Dhabi's hospitality sector reported declines across key performance metrics in February with the steepest fall recorded in revenue per available room (RevPAR), which fell 32.5 per cent to Dh376.17 ($102.4) year-on-year, said a report.

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