Sunday 23 July 2017
 
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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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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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MEA hotels report positive results in April

The hotel industry in the Middle East and Africa (MEA) posted growth in the three key performance metrics during April 2017, according to data from STR,  a hotel data benchmarking firm. April marked the first month since September

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Dubai hotels post highest occupancy rates in March

Dubai city hotels continue to lead in terms of the highest occupancy in the  Middle East and North Africa (Mena) region, recording 88.6 per cent occupancy in March 2017. However, average daily rates (ADR) in Dubai dropped by 8.4 pe

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Dubai hotels see rates decline in March

Hotels in Dubai reported significant declines in both average daily rate (ADR) and revenue per available room (RevPAR) in March, according to preliminary data from research firm STR. The steepest fall was in RevPAR, which slid 11

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Abu Dhabi hotels post highest ADR rates in two years in Feb

Hotels in Abu Dhabi saw average daily rates reach its highest in two years this February, according to new figures. STR’s preliminary February data showed that Abu Dhabi's hospitality sector recorded a 17.9 per cent incr

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Abu Dhabi hotels see occupancy, rates decline in Jan

Abu Dhabi's hospitality sector reported sharp declines across key performance metrics in January 2017, with the steepest fall recorded in revenue per available room (RevPAR), which fell 11.2 per cent to Dh345.68 ($94) year-on-year, said a re

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Dubai hotels occupancy up in November

Dubai’s hospitality market was the top performer in November 2016 in the Middle East and North Africa region, representing the highest occupancy at 89.5 per cent and highest revenue per average room (RevPAR) of $250, said a EY report.

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Abu Dhabi hotels see occupancy, rates decline in November

Abu Dhabi's hospitality sector reported declines across key performance metrics in November, with the steepest fall recorded in revenue per available room (RevPAR), which fell 13.8 per cent to Dh534.97 ($145.6) year on year, said a report.

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Jeddah hotels' ADRs increase 5pc

Average daily rates (ADRs) in Jeddah hotels have also shown strong performance over the summer months (increasing by 5 per cent compared to the same period last year) due to domestic tourism during the summer holidays and the Haj pilgrimage in S

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