Sunday 23 September 2018
 
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Jeddah hotel occupancy, rates soar in August

Hotels in Jeddah, Saudi Arabia, reported a positive performance in August as occupancy and revenue rates increased significantly, according to industry experts. Figures released by STR revealed that occupancy across the Saudi city

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Summer slump at MEA hotels a drag on profits

The challenges for hotels in the Middle East and Africa continued in July, as profit levels foundered to a record low, data showed. Total gross operating profit (GOPPAR) at hotels in the region dropped to a new low of $34.70 in Ju

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ME hotel revenues down in July, Africa results positive

Hotels in the Middle East reported mixed performance results in July while hotels in Africa posted growth across the three key performance metrics, according to data from STR - a leading market research firm. Occupancy levels in t

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RAK hotels to enjoy high occupancy rates during Eid Al Adha

With Eid Al Adha just around the corner, Ras Al Khaimah Tourism Development Authority (RAKTDA) has revealed that occupancy rates across hotels in the emirate are expected to exceed 80 per cent over the long weekend celebrations. W

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Dubai hotels’ demand, supply up; ADR down

Dubai hotels witnessed significant growth in demand (room nights sold) in July, but performance levels remained low due to pressure from increased supply, a report said.   The absolute average daily rate (ADR) le

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Dubai Tourism publishes manual to guide hotels

Dubai’s Department of Tourism and Commerce Marketing (Dubai Tourism) has published the "12 Steps Towards Sustainability" manual to guide hotels, a media report said. This is the first interactive, web-based, manual

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Al Habtoor Group eyeing Saudi hospitality market

UAE conglomerate Al Habtoor Group is looking to tap into Saudi Arabia's lucrative hospitality sector, a report said. Mohammed Al-Habtoor, chief executive and vice chairman of the family-owned conglomerate, said he will be goin

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Al Habtoor Group eyeing Saudi hospitality market

UAE conglomerate Al Habtoor Group is looking to tap into Saudi Arabia's lucrative hospitality sector, a report said. Mohammed Al-Habtoor, chief executive and vice chairman of the family-owned conglomerate, said he will be goin

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Saudi hospitality market top performer in Mena region

Saudi Arabia's hospitality sector was the top performer in the Mena region in May, with Jeddah recording the highest ADR of $351, resulting in the highest RevPAR of $259 for the month, a new report showed. According to the lat

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Al Habtoor, Hilton to rebrand three hotels

Al Habtoor Group, a leading UAE-based conglomerate and Hilton, a global hospitality company, have announced a new franchise agreement, effective as of August 1, for the three hotels at Al Habtoor City in Dubai. The decision to reb

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