Friday 27 March 2015
 
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ADR

Dubai hotels see 9pc drop in August daily rates

Dubai’s overall hospitality market recorded an average daily rate (ADR) of $195 in August as against $213 in the same month of 2013, marking a drop of 9.23 per cent, a report said. Average occupancy jumped month-on-month fro

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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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Jeddah hotels post highest ADR rise in March

Hotels in Jeddah, Saudi Arabia, reported the highest increase of 8.5 per cent to $247.56 in average daily rate (ADR) in March this year, compared the same period last year, in the Middle East/Africa region, according to data compiled by STR Glob

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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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