Friday 29 March 2024
 
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UPU set to decide on remuneration rates

The Universal Postal Union was doing everything possible to solve the issue related to the remuneration rates known as terminal dues, said director general Bishar A Hussein said today that the organisation.      Spea

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Jeddah hotel occupancy, rates soar in August

Hotels in Jeddah, Saudi Arabia, reported a positive performance in August as occupancy and revenue rates increased significantly, according to industry experts. Figures released by STR revealed that occupancy across the Saudi city

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Jeddah hotel occupancy, rates soar in June

Hotels in Jeddah, Saudi Arabia, reported a positive performance in June as occupancy and revenue rates increased significantly, according to industry experts. Figures released by STR revealed that that occupancy across the Saudi c

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ME hotel occupancy, rates down in April

April 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 4.4 per

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RJ offers discounted rates on select Gulf routes

Starting today (May 13), Royal Jordanian (RJ) is offering guests flying from Amman to Saudi Arabia, UAE and Kuwait attractive ticket fares of JD109 ($153.3) for the one-way trip and JD179 ($251.8) for the round-trip. The incredibl

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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

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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

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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

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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

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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

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