Saturday 18 November 2017
 
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RevPAR

ME hotel occupancy, rates down in Q3, Africa positive

The hotel industry in the Middle East reported negative performance results during the third quarter of 2017, while hotels in Africa posted growth across the three key performance metrics, according to data from STR - a leading market research f

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Jeddah hotel revenues up 16.2pc in September

Jeddah hotels posted a strong performance across key performance metrics in September, recording its highest jump in revenue per available room (RevPAR) at 16.2 per cent to SR855.49 ($228). Average daily rate (ADR) also increased

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Mideast hotels post mixed results in August

Hotels in the Middle East reported mixed performance results during August, while hotels in Africa posted growth across the three key performance indicators, according to data from analytics and marketplace insights provider STR.

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Jeddah hotel occupancy rates drop 13.7pc in August

Jeddah's hospitality sector witnessed a steep decline in occupancy levels in August, dropping 13.7 per cent to 68.5 per cent compared to the same period last year, said a report. RevPAR was also down for the months, slipping 6

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Abu Dhabi hotels see occupancy, rates decline in August

Hotels in Abu Dhabi reported performance declines across key  performance metrics in August, with the steepest fall recorded in revenue per available room (RevPAR), which fell 11.7 per cent to Dh206.95 ($56.3) year on year, said a report.

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Dubai hotels see occupancy, rates decline in July

Dubai's hospitality sector reported declines across key performance metrics in July with the steepest fall recorded in revenue per available room (RevPAR), which fell 14.7 per cent to Dh309.76 ($84.3) year-on-year, said a report.

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ME hotel sector stays flat in Q2, Africa positive

The hotel industry in the Middle East reported nearly flat results during the second quarter of 2017, while hotels in Africa recorded growth across the three key performance metrics, according to data from STR. Occupancy levels in

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ME hotel occupancy, rates down in May, Africa results mixed

The hotel industry in the Middle East reported negative results during May 2017, while hotels in Africa recorded mixed results in the three key performance metrics, according to data from STR. Occupancy levels in the Middle East d

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Leisure demand fuels profit growth at Dubai hotels

Strong growth in both volume and price in the leisure segment in April helped hotels in Dubai secure one of the most significant increases in top and bottom line performance in recent years, according to the latest data from HotStats.

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Qatar hotel occupancy, rates decline in Q1

Due to slowing economic activity and corporate spending, hotels in Qatar have experienced a decline in occupancy and average rates during the first quarter of 2017, a new report has revealed. According to a market review released

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