Tuesday 30 August 2016
 
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performance

Middle East hotels post mixed results in July

Hotels in the Middle East reported mixed results across key performance metrics in July. Occupancy rates jumped 58 per cent while average daily rate (ADR) and revenue per available room (RevPAR) dropped 5.9 per cent to $161.82 and 11.9 per cent

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Boeing, Qatar Airways launch new performance improvement package

Boeing and Qatar Airways announced today at the 2016 Farnborough International Airshow the launch of a new Performance Improvement Package. Qatar Airways is the first customer in the world to take advantage of the new modification

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Adnec delivers economic impact of over $944m

Abu Dhabi National Exhibitions Company (Adnec) announced that its impact on the Abu Dhabi economy in 2015 surged by 26 per cent to Dh3.47 billion ($944.4 million) from Dh2.76 billion ($751.2 million)  in 2014. This follows a 13 per

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Bahrain tops GCC in Environmental Performance Index

Bahrain has been ranked first in the Gulf region and sixth in the Middle East in the Environmental Performance Index (EPI) issued at the World Economic Forum, according to a report.   The important indicator of e

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Qatar Airways recognised for on-time performance

Qatar Airways, the flag carrier of Qatar, was awarded for its consistently high performance among the Middle East and Africa Major Airlines in FlightStats’ 7th Annual Airline On-Time Performance Service Awards. Among the competing

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Imdaad bags award for top performance in service sector

Imdaad, a leading provider of integrated facilities and environment solutions in the GCC, has won the Sheikh Khalifa Excellence Award (SKEA) – Silver Category in recognition of its consistent strong performance in the service sector over

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Dubai hotels see performance levels dip

Dubai hotels are continuing to cut average daily rates in attempts to try to stimulate the traditional levels of high demand, which dipped drastically in October this year, said a report. According to STR Global's preliminary Octobe

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Ritz-Carlton 'tops in positive brand association'

The Ritz-Carlton hotels in the GCC have received the highest positive brand association with consumers, with 26.3 per cent of consumers identifying the brand's hotels in the region as “best”, “excellent” or “ama

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MEA hotels occupany levels drop in June

Middle East and Africa hotels have reported an 8.2 per cent decrease in occupancy, a 4.2 per cent increase in average daily rates (ADR) and a 4.4 decrease in revenue per available room (RevPar), according to recent data. The June

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DuPont completes spin-off of Chemours

DuPont has completed the separation of its performance chemicals segment through the spin-off of the The Chemours Company. DuPont common stockholders received one share of common stock of Chemours for every five shares of DuPont c

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