Monday 1 May 2017
 
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Bahrain hotel revenues hit $9.7m during F1 weekend

Hotel revenues in Bahrain reached BD3.7 million ($9.7 million) during the Formula One weekend, with 12,000 hotel rooms booked during the event and total occupancy rate of five star hotels reaching up to 89 per cent. “We are

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ME hotel occupancy, rates down in January

Hotels in the Middle East reported declines across the three key performance indicators in January, while hotels in Africa recorded positive results for the same period, a report has revealed. According to January 2017 data from S

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Saudi Arabia hotel sector undisturbed by economic slowdown

Despite continued economic slowdown and low oil price environment, the hotel market segment in Saudi Arabia continued to display a positive trend with a number of new luxury hotel openings in 2016 as well a positive growth projected for 2017, sa

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Abu Dhabi hotels see occupancy, rates decline in Jan

Abu Dhabi's hospitality sector reported sharp declines across key performance metrics in January 2017, with the steepest fall recorded in revenue per available room (RevPAR), which fell 11.2 per cent to Dh345.68 ($94) year-on-year, said a re

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Rixos The Palm Dubai sees 90pc occupancy

Rixos The Palm Dubai, a leading resort featuring 230 guest rooms and suites, has experienced a 12 per cent increase in occupancy rates in 2016 as compared to the previous year reaching the target of 90 per cent. The influx of tour

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Abu Dhabi hotels see occupancy, rates decline in November

Abu Dhabi's hospitality sector reported declines across key performance metrics in November, with the steepest fall recorded in revenue per available room (RevPAR), which fell 13.8 per cent to Dh534.97 ($145.6) year on year, said a report.

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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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ME, Africa hotels post mixed results in Q3

Hotels in the Middle East reported mixed results in the third quarter of the year while hotels in Africa showed positive results during Q3, according to a new report. Compared with Q3 2015, the Middle East reported a 1.6 per cent increa

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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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