Sunday 26 June 2016
Middle East hotels

Dubai hotel revenues decline over Eid weekend

Dubai 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


EMEA hotel transaction volumes up 50pc

The 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

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