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Mideast hotel occupancy edges up

Beirut, October 5, 2011

Middle East hotels have witnessed a year-to-date (YTD) increase of 2.7 per cent in occupancy compared to the corresponding period in 2010, said a report.

Revenue per available room (RevPAR) in the Middle East has been recorded at $119 during August, compared to $93 in Europe, $92 in the Asia Pacific region and $64 in the Americas, added the recently released Deloitte Analysis of Selected STR Global Hotel Performance Data.

Hotel occupancy in the Middle East was recorded at 45.4 per cent during the month of August representing a decrease of 7.2 per cent compared to the corresponding period in 2010.

The region’s RevPAR witnessed an increase of 7.6 per cent to $ 90 during the month of August, the report said.

Dubai’s hotels occupancy was recorded at 46.9 per cent during the month of August with a decline of 9.8 per cent from the same month in 2010.

The city’s hotels witnessed a decline of 6.8 per cent in RevPAR to reach $71 during August.

Dubai has kept a positive outlook towards attracting tourists by conducting continuous events such as shopping promotions, the report said.

Abu Dhabi’s occupancy during the month of August was 49.8 per cent, compared to 48 per cent during the corresponding period in 2010, while RevPAR in the city was $55 during August, compared to $63 during August 2010.

Continued marketing and promotion efforts undertaken by the city’s hotels have contributed growing occupancy, according to the report.

Jeddah’s occupancy was recorded at 64.4 per cent during the month of August with a decline of 6.8 per cent from the corresponding period in 2010.

RevPAR for the city witnessed a decline of 1.9 per cent to reach $ 139 during the month of August, compared to $ 142 in the same month of 2010.

With occupancy and RevPAR impacted by the influx of new hotel rooms, the city’s hotels will benefit from large scale events to boost occupancy and RevPAR in the months to come, the report said.

Beirut city witnessed occupancy of 37.9 per cent during the month of August 2011 compared to 46.4 per cent during August last year.

RevPAR for the city witnessed a decline of 35 per cent to $77 during the month of August, the report said. – TradeArabia News Service




Tags: abu dhabi | Middle East | Dubai | RevPAR | Hotel Occupancy | Deloitte | YTD | August 2011 |

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