Monday 24 April 2017
 
»
Tag
 
»
Q1

ME hotel occupancy, rates down in Q1, Africa results positive

The hotel industry in the Middle East reported negative performance results during the first quarter of 2017, while hotels in Africa posted growth across the three key performance metrics, according to data from STR. Occupancy in

More…

Gulf hospitality projects value exceeds $148.4bn in Q1

The total value of the GCC's 1,153 hospitality projects exceeded Dh544.62 billion ($148.2 billion) in the first quarter of 2017, according to BNC Network, a leading project research and intelligence provider in the Middle East and North Afri

More…

Gulf hospitality projects value exceeds $148.4bn in Q1

The total value of the GCC's 1,153 hospitality projects exceeded Dh544.62 billion ($148.2 billion) in the first quarter of 2017, according to BNC Network, – the largest and most comprehensive project research and intelligence provider

More…

Emirates Islamic Q1 profit surges to $60m

Emirates Islamic, a leading Islamic financial institution in the UAE, has reported a five-fold growth in its net profit which soared to Dh221 million ($60.16 million) for the first quarter from Dh45 million ($12.25 million) for the same period i

More…

China’s GDP up 6.9pc in Q1

Improvements in China’s industrial production, investment and exports during the first quarter of 2017  helped boost its gross domestic product (GDP) growth to 6.9 per cent year-on-year, according to recent data. The Na

More…

Dubai hotels show signs of recovery

The hotel industry in Dubai, UAE, recorded strong occupancy levels during the first quarter of 2017 despite continued and significant supply growth, according to data from STR. Based on preliminary data, Dubai recorded an occupanc

More…

Alba sales volume, output up in Q1

Aluminium Bahrain (Alba), an international aluminium smelter, has revealed that its sales volume and throughput are up by 4.9 per cent and 5.6 per cent, respectively, year-over-year (YoY) in the first quarter of this year. Sales v

More…

Sony logs 42pc plunge in Q1 operating profit

Japan's Sony Corp on Friday said operating profit fell in its first quarter by 42 per cent, less than analysts had estimated, as the electronics maker trimmed the impact of earthquake damage to one of its image sensor factories.

More…

Saudi hotels see occupancy, rates, decline in Q1

Saudi Arabia's hospitality sector continued to show signs of a slow down during Q1 2016 due to a sustained decline in oil prices and a slowing demand from the corporate sector. Nevertheless, new hotel establishments entered the market during

More…

Ajman Q1 tourism revenue surges $29m

Ajman witnessed a 20 per cent increase in the number of guest arrivals during the first quarter of the year, generating total tourism revenue of Dh108 million ($29.3 million), a new report has unveiled. According to tourism statis

More…
 1 2 3 4 5 >  Last ›

calendarCalendar of Events

Ads