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ME hotels show negative results for NovemberHotels in the Middle East reported negative performance results during November 2017, while hotels in Africa posted growth across the three key performance indicators, according to STR, a provider of analytics and marketplace insights. More… |
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ME hotels' occupancy, rates drop in SeptemberHotels in the Middle East saw an overall decline in performance across occupancy and average room rate (ADR) parameters, resulting in a revenue per available room (RevPAR) performance drop across most of the international branded four and five s More… |
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Mideast hotels post mixed results in AugustHotels 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. More… |
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Dubai leads ME hotels occupancy rate in MayDubai hotels recorded the highest May occupancy rates of 86 per cent in the Middle East this year, said an industry expert. “Middle East hotel performance was mixed in the month of May. GCC hotels emerged as the highes More… |
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Dubai hotel revenues decline over Eid weekendDubai hotels saw year-on-year declines in occupancy (-3.9 per cent), average daily rate (ADR) (-6.5 per cent) and RevPAR (-10.2 per cent), during the Eid Al Adha, the three-day celebration which fell on a weekend in 2014 versus on weekdays in 20 More… |
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EMEA hotel transaction volumes up 50pcThe hotel investment volumes across Europe, Middle East and Africa (EMEA) region witnessed a 53 per cent year-to-date growth in September to reach 8.2 billion euros ($11 billion) compared to last year, said a report. The single as More… |
