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RevPAR, occupancy reach new levels in GCC; ATM to focus on growthThe hospitality sector in the GCC is experiencing a strong resurgence, with new data compiled by STR on behalf of Arabian Travel Market (ATM) revealing significant growth across the region in 2024. More… |
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Riyadh's five-star hotels occupancy rates surge to 97pcSaudi Arabia's Ministry of Tourism has announced that five-star hotels in capital Riyadh reached a 97% occupancy rate during the recent mid-year school break, and that overall, hotel and apartment occupancy in the city surpassed 90%. More… |
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Abu Dhabi hotel occupancy reaches August highHelped by three events, Abu Dhabi posted its highest August hotel occupancy on record, according to preliminary data from CoStar, a leading provider of online real estate marketplaces, information, and analytics in the property markets. More… |
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Tecom Group H1 net profit surges 24pc; revenue hits $299mTecom Group, the creator of specialised business districts and vibrant communities and a member of Dubai Holding, has recorded solid results for the first half with a revenue of AED1.1 billion ($299 million), up 9% over last year. More… |
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Tecom Group H1 net profit surges 24pc; revenue hits $299mTecom Group, the creator of specialised business districts and vibrant communities and a member of Dubai Holding, has recorded solid results for the first half with a revenue of AED1.1 billion ($299 million), up 9% over last year. More… |
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Tecom Group H1 net profit surges 24pc; revenue hits $299mTecom Group, the creator of specialised business districts and vibrant communities and a member of Dubai Holding, has recorded solid results for the first half with a revenue of AED1.1 billion ($299 million), up 9% over last year. More… |
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Central Hotels & Resorts achieve 2.6% growth in Q1 2024Central Hotels & Resorts, a leading hospitality group focused on innovation, said expansion into new markets contributed to a growth of 2.6% in occupancies in the first quarter of 2024, compared to the same period in 2023. The growt More… |
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Qatar’s April hotel performance peaks during Eid Al FitrQatar hotel performance jumped during Eid Al Fitr, according to April preliminary data from CoStar, a leading provider of online real estate marketplaces, information, and analytics in the property markets. The April 2024 year-over-year More… |
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Expo Village's first community cluster achieves full occupancyDubai World Trade Centre (DWTC) has announced that Expo Village, the only ready-to-move-in residential community located at Expo City Dubai, has achieved full occupancy in its first community cluster, Residences 4, marking a significant milest More… |
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Aldar achieves record occupancy in Abu Dhabi Grade A propertiesAldar Properties has announced that it had achieved a 97% occupancy rate across its prime Grade A commercial properties, which includes its four buildings at Abu Dhabi Global Market (ADGM) Headquarters and International Tower, signalling robus More… |
