middle east occupancies rise africa still struggling
Last Updated : GMT 09:07:40
Egypt Today, egypt today
Egypt Today, egypt today
Last Updated : GMT 09:07:40
Egypt Today, egypt today

Middle East occupancies rise, Africa still struggling

Egypt Today, egypt today

Egypt Today, egypt today Middle East occupancies rise, Africa still struggling

Abu Dhabi - Arab Today

The Middle East and Africa region witness a positive performance in terms of hotel occupancies, according to STR Global.  The region reported a 3.3% increase in occupancy to 62.0%, a 4.8% increase in average daily rate to US$187.15 and an 8.2% increase in revenue per available room to US$115.96. “The total region started 2014 off well”, said Elizabeth Winkle, managing director of STR Global. “All three key performance metrics were positive, driven by performance in the Middle East. Oman and Saudi Arabia showed positive occupancy, while UAE continued to report positive rate growth. There is still instability in the region, but overall there are signs of improvement. Jordan is now showing some performance growth.” The regions that performed well included four markets that reported double-digit occupancy increases: Amman with +19.2% to 54.5%; Doha with +17.1% to 75.1%; Cape Town with +13.3% to 73.0%; and Abu Dhabi with +12.8% to 73.4%. In Africa, Nairobi fell 25.0% to 42.6% in occupancy, reporting the largest decrease while Sandton and the surrounding areas fell 16.3% to US$98.68 in ADR, posting the largest decrease. Dubai achieved the only double-digit ADR growth, rising 12.8% to US$308.64. While Amman rose 21.1% to US$88.41 in RevPAR, experiencing the largest increase. Abu Dhabi followed with a 15.6% increase to US$112.97. This positivity was not witnessed by Beirut which witnessed a -26.2% to US$53.04 and Cairo -25.6% to US$33.61, the largest RevPAR decreases. Source: Travel Daily

egypttoday
egypttoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

middle east occupancies rise africa still struggling middle east occupancies rise africa still struggling



GMT 02:03 2015 Sunday ,13 September

Safaga-Qena road closed due to floods

GMT 11:39 2011 Sunday ,29 May

Plane escapes unhurt after beamed by laser

GMT 06:34 2017 Thursday ,24 August

Iraqi forces control over 23 villages in Tal Afa

GMT 09:20 2014 Sunday ,17 August

Protestors' anti-sharif rally in Islamabad

GMT 10:33 2011 Wednesday ,02 November

Primitive body from solar system\'s planet-forming period

GMT 20:07 2011 Friday ,11 March

The world\'s top 100 universities

GMT 09:54 2017 Thursday ,04 May

Ireland out to stun England again

GMT 08:24 2018 Saturday ,20 January

Macron sees IS military defeat in Syria, Iraq

GMT 11:25 2017 Monday ,11 September

Bahrain's newspapers on local events

GMT 12:51 2013 Tuesday ,11 June

Rolls-Royce opens new showroom in St Petersburg

GMT 15:20 2018 Friday ,05 January

Cancer deaths decline again in US

GMT 13:30 2012 Sunday ,18 November

Foods that fight cancer and weight gain

GMT 08:55 2011 Saturday ,31 December

Precipitation least in 6 decades
 
 Egypt Today Facebook,egypt today facebook  Egypt Today Twitter,egypt today twitter Egypt Today Rss,egypt today rss  Egypt Today Youtube,egypt today youtube  Egypt Today Youtube,egypt today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

egypttoday egypttoday egypttoday egypttoday
egypttoday egypttoday egypttoday
egypttoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
egypttoday, Egypttoday, Egypttoday