Wednesday 28 September 2016
 
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Occupancy

Mideast hotel occupancy rate rises to 65.2pc in August

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

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UAE hotels record high occupancy during Eid Al Adha

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

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Armed Forces Officers Club sees high summer occupancy

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

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Dubai hotel occupancy levels up 3.4pc in August

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.

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GCC hotels post positive RevPAR rates in July

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

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Miami hotel bookings slow, airfares fall since Zika outbreak

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

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Abu Dhabi hotel occupancy levels up 3.7pc

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

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Mideast hotel occupancy rates drop to 48.9pc

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

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Abu Dhabi retail property market stable in Q2

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.

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UAE hotels report postive performance in Q1

Hospitality and tourism activity continued to pick up in parts of the Northern Emirates as visitor numbers and occupancy rates recorded y-o-y increases during Q1 2016, said a report. Furthermore, some emirates have shown a strong

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