Sunday 11 December 2016
 
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ME hotel revenues down in October, Africa results mixed

Hotels in the Middle East reported negative October 2016 results, while hotels in Africa posted mixed results in the three key performance metrics for the same month. Compared with October 2015, the Middle East reported a 4.4 per

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Dubai hotels see occupancy, rates decline in October

Dubai's  hospitality sector reported declines across key performance metrics in October with the steepest fall recorded in revenue per available room (RevPAR), which fell 12 per cent to Dh598.09 ($162.7) year-on-year, said a report.

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Abu Dhabi hotel rates dip in first eight months

Hotel performance in Abu Dhabi remained under pressure over the first eight months of the year with rates dipping double-digits, a new report unveiled. According to JLL's Q3 Abu Dhabi Real Estate Market Overview, average daily

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Mideast hotel occupancy rate rises to 65.2pc in August

Hotels in the Middle East reported mixed results in key performance metrics this August, posting a 2.3 per cent increase in occupancy to 65.2 per cent compared to August 2015, said a report. However, average daily rate (ADR) was d

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Armed Forces Officers Club sees high summer occupancy

Armed Forces Officers’ Club & Hotel in Abu Dhabi has announced a record surge in occupancy rates during the summer season. The iconic landmark has immediately become a popular choice for conferences, weddings and other c

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Dubai hotel occupancy levels up 3.4pc in August

Dubai's hospitality sector witnessed occupancy levels jump 3.4 per cent to 76.1 per cent in August. According to August data released by STR, the UAE emirate reported increases in supply (over 5.5 per cent) and demand (over 9.

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UAE hotels report postive performance in Q1

Hospitality and tourism activity continued to pick up in parts of the Northern Emirates as visitor numbers and occupancy rates recorded y-o-y increases during Q1 2016, said a report. Furthermore, some emirates have shown a strong

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Japan signals readiness to intervene as Brexit boosts yen

Japan will respond as needed to "extremely nervous" exchange-rate moves in the wake of Britain's referendum on leaving the European Union, Finance Minister Taro Aso said on Friday, signalling a readiness to intervene to stem excess

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Baggage mishandling rates drop 10.5pc

The airline industry’s focus on improving baggage management is showing strong results with 2015 baggage mishandling rates dropping to 6.5 bags per 1,000 passengers, the lowest ever recorded.   According to the Sita Bag

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Abu Dhabi hotels see occupancy, rates decline in February

Abu Dhabi's hospitality sector reported declines across key performance metrics in February with the steepest fall recorded in revenue per available room (RevPAR), which fell 32.5 per cent to Dh376.17 ($102.4) year-on-year, said a report.

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