Wednesday 20 August 2014
 
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Dubai hotels

Dubai hotels see lowest occupancy for July in 18 years

Dubai hotels reported the lowest occupancy levels in July of any month for the last 18 years, said an industry expert, adding that preliminary data indicate negative revenue-per-available-room performance. “As July is one of

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Dubai hotels see 35pc occupancy by Saudis

Hotels in Dubai recorded 35 percent occupancy by Saudis during the Eid Al-Fitr holidays, a report said. Statistics revealed by Dubai tourism authorities show that more than two million Saudis visited the emirate during the past si

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Dubai hotel occupancy levels drop

Dubai hotels experienced positive revenue-per-available-room performance during June despite a 5.5 per cent decline in occupancy, a report said. There was an 8.6 per cent increase in supply and demand grew 2.6 per cent during the

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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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Dubai hotels to charge new ‘tourism fee’

The hotels across Dubai will start collecting 'tourism dirham', a new fee imposed on guests staying at hotels and hotel apartments in the emirate per room per night, said a report. The fee, which was announced by the Dubai

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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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Bahrain hotels see rise in occupancy rates

Bahrain hotels see rise in occupancy rates Manama Bahrain hotels reported an increase of 7 per cent in occupancy rates overall and by 4 per cent last November, said a report, adding that hotel room profitability has also go

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Dubai hotels edge up in March occupancy rate

Dubai hotels posted a 3.9 per cent rise in occupancy March as against the same month of 2011, despite an increase of 5.8 per cent in the average room rate, said an industry expert. “We should not forget that it has been achieved in an envi

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Dubai hotels occupancy up 78pc in July

The hotel sector continues to be the best performing of the Dubai real estate market achieving an average occupancy rate of 78 per cent in July, according to a new report by property expert Jones Lang LaSalle (JLL) Mena. The growth has bee

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Dubai hotel occupancy up 12pc in June

Dubai’s hotels witnessed a significant increase in occupancy of 12 per cent to reach 70 per cent during the month of June despite increased supply, said a report. The city’s hotels also witnessed an increase of 14 per cent in RevPAR (reven

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