Monday 28 July 2014
 
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Occupancy

Mideast hotel occupancy reaches 64pc in H1

The Middle East and Africa region has reported a one per cent increase in hotel room occupancy to 64.6 per cent in the first half of the year, according to an STR Global report.  

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Abu Dhabi hotel occupancy surges 78pc

Abu Dhabi’s hotel sector has witnessed a 78 per cent increase in occupancy rates from January to May this year, an eight per cent uplift on the same period last year.  

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Dubai hotel sector posts 14pc growth

Dubai's hospitality sector registered a 14.2 per cent year-on-year growth in the first nine months of 2013 to hit Dh12.2 billion ($3.32 billion), said a report. The occupancy rates in its hotel and hotel apartments rose for th

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Dubai hotels occupancy hits new high

Dubai hotels saw its occupancy hit a record 88.4 per cent during March, the strongest in the region, said a report. The average room rates (ARR), meanwhile, touched $398.71, up 5.6 per cent, boosting profit margins, with gross ope

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Karbala Rotana posts 64pc occupancy in Q1

Karbala Rayhaan by Rotana, the first five-star hotel to open in Karbala, Iraq, has posted 64 per cent occupancy in the first quarter of the year. The hotel, which is situated in one of Iraq’s largest touristic cities, opened

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Work stalls on $75m Bahrain labour town project

Low occupancy rates have delayed work on a $75 million labour town built within the Bahrain Investment Wharf (BIW) in Hidd.   The project's first phase has been completed, but only around 50 per cent of the d

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Dubai, Abu Dhabi hotels top performance

Dubai and Abu Dhabi hotels recorded strong occupancy rates in January, said a report. The latest HotStats report, published by TRI Hospitality Consulting, showed that while occupancy fell marginally in Dubai’s hotels by one

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Abu Dhabi hotels post solid growth in Nov

A total of 260,810 guests checked in at Abu Dhabi’s 149 hotels and hotel apartments in November, marking a 26 per cent year-on-year rise, according to figures released by Abu Dhabi Tourism & Culture Authority (TCA Abu Dhabi).

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Mena hotels ‘perform well’ through summer

“The hotel market performed very well across most of Mena in August,” said Yousef Wahbah, Mena head of Transaction Real Estate at EY, a major professional services organisation. Although the summer months are generally

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Abu Dhabi hotel guest numbers up 12pc in H1

Abu Dhabi has reported a 12 per cent rise in the number of guests staying in its 145 hotels and hotel apartments for the first half of this year compared to the first six months of last year. Figures just released by Abu Dhabi Tou

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