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.
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.
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
Abu Dhabi hotels saw occupancy levels increase by 3.7 per cent to 61.6 per cent in July compared to the same period in 2015.
According to preliminary July 2016 data for Abu Dhabi by STR - a leading market research firm - the emira
Hotels in Abu Dhabi reported a stronger performance across key performance metrics in May with occupancy levels jumping 1.3 per cent to 74.4 per cent year-over-year, said a report.
The UAE capital's hospitality sector al
Dubai experienced a slow April this year when hotel occupancy levels, average-daily-rate (ADR) and revenue-per-available room (RevPAR) dipped in comparison to the same period in 2015, reports showed.
Despite increases in supply (o
Dubai recorded 2016’s highest first-quarter average daily rate (ADR) among major markets around the world, marking the 12th consecutive year that the emirate has led this group of markets in Q1 ADR, said a report.
Hotels in the Middle East and Africa (MEA) region have reported a 12.1 per cent increase in occupancy to 55.1 per cent in July as compared to the same period last year, according to a report.
The July 2015 data
Hotels in the UAE witnessed an occupancy rate of 76.7 per cent during May, marking a year-on-year increase of 2.1 per cent, while the rest of the Middle East and Africa region reported mixed results, according to new data.
The Middle East and African (MEA) region's hotel occupancy rates jumped 3.2 per cent in March to 68.7 per cent, compared to the same period last year, said a report.
MEA also saw a 0.7 per cent rise in revenue per available room (Re