Friday 1 August 2014

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


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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