Sunday 24 May 2015
 
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STR Global

UAE hotels see drop in November occupancy

While UAE hotels recorded the highest occupancy (83.1 per cent) for November in the region, the rate still marked a decrease of 2.5 per cent over the figures for the same month of 2013, a report said. Egypt hotels logged 55.2 per

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Cairo hotels top region with 95pc occupancy

Cairo hotels reported an increase of 95.4 per cent in occupancy to 55.3 per cent during October, marking the largest year-over-year growth in the Middle East and Africa region, a report said. The region reported a 7.2 per cent inc

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Cairo September occupancy jumps 107pc, tops MEA

Hotels in Cairo reported the largest occupancy increase during September in the Middle East and Africa region with year-on-year growth recording a significant 107.5 per cent, while occupancy levels reached 51.8 per cent, a report said.

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STR cuts Dubai RevPAR forecast to 2.2pc this year

Hotels in Dubai, UAE, will end the year with a 2.2-per-cent increase in revenue per available room (RevPAR), STR Global has said. The global provider of hotel data had in previously forecast in May a RevPAR of 3 per cent for 2014.

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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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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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614 hotels in pipeline in Mideast/Africa

The Middle East/Africa hotel region has 614 hotels under contract totalling 143,870 rooms, according to the June 2014 STR Global Construction Pipeline Report. The under contract data includes projects in the in-construction, final

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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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71 hotels under construction in Dubai

There are currently 71 hotels confirmed across all market sectors in varying stages of planning or construction in Dubai which are estimated to provide over 22,000 additional rooms, a report said. The demand for hotel accommodatio

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71 hotels under construction in Dubai

There are currently 71 hotels confirmed across all market sectors in varying stages of planning or construction in Dubai which are estimated to provide over 22,000 additional rooms, a report said. The demand for hotel accommodatio

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