Sunday 23 October 2016
Middle East hotels

Dubai leads ME hotels occupancy rate in May

Dubai 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


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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