Friday 27 April 2018
 
»
Tag
 
»
Rates

Jeddah hotel occupancy, revenues drop in March

Hotel occupancy levels and rates continued to drop in Jeddah as the city recorded a mostly negative performance in March due to a spike in supply. Figures released by STR revealed that hotel occupancy across the Saudi Arabian city

More…

ME hotel occupancy, rates down in February

February seemed unfavourable for the Middle East hospitality sector as hotels reported negative performance results during the month, new data revealed. According to data from STR, occupancy levels in the Middle East slipped 0.7 p

More…

Mixed performance by MEA hotels in January

Hotels in the Middle East reported mixed performance results in January, while hotels in Africa posted growth across the three key performance metrics, according to data from STR - a leading market research firm. Occupancy levels

More…

Jeddah hotel occupancy, revenues continue to slump

Jeddah's hospitality sector endured another slow month as occupancy and revenue rates continued to decline in December 2017, new data showed. Figures released by STR revealed that hotel occupancy across the Saudi city averaged

More…

MEA hotel revenues hit by tumbling average room rates

Despite successfully recording growth across a number of revenue departments this month, hotels in the Middle East and Africa suffered a 1.8 per cent year-on-year drop in gross operating profit per available room (GOPPAR). The dip

More…

Jeddah hotel occupancy, revenues slump in November

Hotels in Jeddah suffered in November with occupancy and revenues showing double-digit decreases, according to new data. Figures released by STR revealed that hotel occupancy across the Saudi city averaged 45.7 per cent in Novembe

More…

Dubai hotels see occupancy, rates decline in November

Dubai hotels reported declines in occupancy and revenues in November although growth in demand remained healthy during the month, according to STR Global. STR Global’s preliminary November data for Dubai indicated increases

More…

Dollar Rent-a-car offers exclusive rates to Virtuzone clients

Dollar, one of the fastest growing car rental companies in the region, has signed a partnership with Virtuzone, a UAE company set-up specialist, offering exclusive rates for its customers until 2018. Clients of Virtuzone will be g

More…

Jeddah hotel revenues up 16.2pc in September

Jeddah hotels posted a strong performance across key performance metrics in September, recording its highest jump in revenue per available room (RevPAR) at 16.2 per cent to SR855.49 ($228). Average daily rate (ADR) also increased

More…

Dubai hotels' occupancy, rates decline in September

Dubai's hospitality sector reported declines across key performance metrics in September with the steepest fall recorded in revenue per available room (RevPAR), which fell 14.8 per cent to Dh381.20 ($103.7), said a report. Ave

More…
 1 2 3 4 5 >  Last ›

calendarCalendar of Events

Ads