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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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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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Dubai hotel performance soars in FebruaryA series of world-class events have pushed occupancy levels in Dubai hotels to an all-time high, a new report said. According to February preliminary data from CoStar, a leading provider of online real estate marketplaces, information, More… |
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Marriott International registers strong growth in 2023Announcing its fourth quarter and full year 2023 results on February 13, Marriott International said it has registered robust growth in 2023 with its global RevPAR rising 15%, net rooms growing 4.7%, and its fee-driven, asset-light business mode More… |
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Marriott International registers strong growth in 2023Announcing its fourth quarter and full year 2023 results on February 13, Marriott International said it has registered robust growth in 2023 with its global RevPAR rising 15%, net rooms growing 4.7%, and its fee-driven, asset-light business mode More… |
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COP28 and New Year Eve boost Dubai hotels’ performanceHelped by COP28 and New Year’s Eve, Dubai’s hotel industry reported its highest monthly average daily rate (ADR) on record, according to preliminary December data from CoStar. CoStar is a leading provider of online real esta More… |
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Minor Hotels posts record Q3 profit on robust Europe demandMinor Hotels, a leading Bangkok-based international hotel owner, operator and investor, has reported record-high third-quarter profit of THB 1.7 billion ($48.4 million), on the back of strong leisure and business demand in Europe and continued r More… |
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Riyadh hotels ADR and RevPAR hit record highs in OctoberRiyadh’s hotel industry reported its highest average daily rate (ADR) and revenue per available room (RevPAR) level on record, according to October 2023 preliminary data from CoStar, a leading provider of online real estate marketplaces, i More… |
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Abu Dhabi hotel performance steady in January: STRAbu Dhabi’s hotel occupancy during January remained roughly 5 percentage points lower than pre-pandemic levels, according to STR, a premium provider of analytics and marketplace insights for the global hospitality industry. More… |
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Mideast shows robust RevPAR recovery in 2022: STRMiddle Eastern hotels recorded revenue per available room (RevPaR) of $110.12 during 2022, reflecting an increase of 18.2 per cent over the figures of 2019, said STR, a provider of analytics and insights for global hospitality sectors. More… |
