Friday 15 November 2024
 
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ADR

Qatar’s April hotel performance peaks during Eid Al Fitr

Qatar 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

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Dubai hotels set new occupancy and ADR records

Dubai’s hotel occupancy and average daily rate (ADR) reached new levels during Ramadan and Eid Al Fitr, according to recent data from CoStar, a leading provider of online real estate marketplaces, information and analytics in the property

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Riyadh hotels ADR and RevPAR hit record highs in October

Riyadh’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

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14% rise in room nights, 19% jump in revenue seen

Global hotel performance is showing a surge with room nights for 2023 up 14%, according to a report by Duetto, a leading revenue management solutions provider for the hospitality industry.   Average daily rate (A

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Abu Dhabi hotel performance steady in January: STR

Abu 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.

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Mideast shows robust RevPAR recovery in 2022: STR

Middle 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.

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Dubai hotels close 2022 with healthy performance

Dubai’s hotel occupancy came in lower than the pre-pandemic comparable in December, but average daily rate (ADR) once again pushed revenue per available room (RevPAR) far above 2019 levels, according to hospitality analytics provider STR.

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Abu Dhabi hotels see higher occupancy in August

Abu Dhabi’s hotel industry recorded improved occupancy from the month prior, but lower room rates, according to preliminary August 2022 data from STR, a provider of analytics and insights for the global hospitality industry.

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Dubai hotel performance remains steady in July: STR

Dubai’s hotel industry reported lower performance in July than the month prior while recovery levels to 2019 remained steady, according to preliminary data from STR, a leading provider of market data on the hotel industry. O

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Abu Dhabi hotel data improves in February

Abu Dhabi’s hotel industry reported its best performance since the start of the pandemic, according to preliminary February 2021 data from STR. In addition to higher absolute levels, year-over-year comparisons were more favo

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