Monday 24 July 2017
 
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Occupancy

Bahrain hotel revenues hit $8.4m during Eid break

Hotel revenues in Bahrain totaled up to BD3.2 million ($8.4 million) during the Eid Al Fitr break, with over 22,000 hotel rooms booked and the total occupancy rate of five-star hotels reaching up to 80 per cent. “The positiv

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ME hotel occupancy, rates down in May, Africa results mixed

The hotel industry in the Middle East reported negative results during May 2017, while hotels in Africa recorded mixed results in the three key performance metrics, according to data from STR. Occupancy levels in the Middle East d

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Jeddah's hospitality market top performer in Mena

Despite a drop in earning across the Middle East and Africa (Mena) hospitality sector in May, Jeddah's hotel market emerged as the top performer recording the highest occupancy rates at 80.2 per cent and highest RevPAR at at $247.

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Leisure demand fuels profit growth at Dubai hotels

Strong growth in both volume and price in the leisure segment in April helped hotels in Dubai secure one of the most significant increases in top and bottom line performance in recent years, according to the latest data from HotStats.

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Qatar hotel occupancy, rates decline in Q1

Due 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

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MEA hotels report positive results in April

The hotel industry in the Middle East and Africa (MEA) posted growth in the three key performance metrics during April 2017, according to data from STR,  a hotel data benchmarking firm. April marked the first month since September

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Dubai hotels post highest occupancy rates in March

Dubai city hotels continue to lead in terms of the highest occupancy in the  Middle East and North Africa (Mena) region, recording 88.6 per cent occupancy in March 2017. However, average daily rates (ADR) in Dubai dropped by 8.4 pe

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Bahrain hotel revenues hit $9.7m during F1 weekend

Hotel revenues in Bahrain reached BD3.7 million ($9.7 million) during the Formula One weekend, with 12,000 hotel rooms booked during the event and total occupancy rate of five star hotels reaching up to 89 per cent. “We are

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ME hotel occupancy, rates down in January

Hotels in the Middle East reported declines across the three key performance indicators in January, while hotels in Africa recorded positive results for the same period, a report has revealed. According to January 2017 data from S

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Saudi Arabia hotel sector undisturbed by economic slowdown

Despite continued economic slowdown and low oil price environment, the hotel market segment in Saudi Arabia continued to display a positive trend with a number of new luxury hotel openings in 2016 as well a positive growth projected for 2017, sa

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