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Jeddah, Makkah, Are Top ME Hotel Markets

ImageA new report by business advisory firm Deloitte shows that Jeddah and Makkah are among the top hotel markets in the Middle East.  Makkah hotels revenue per available rooms (RevPar) increased 32.7% in the first quarter of 2009 while Jeddah hotels RevPar was up 30.3% for the same period.  This puts Jeddah and Makkah within the top three best-performing markets in the region.

The business organization Elaf Group said they will launch two hotels each in Makkah and Jeddah and one in Madinah.  This will provide the region with 5,000 more hotel rooms.  President of Elaf Group of Companies said they are fully committed to supporting the Kingdom’s hospitality sector by delivering a fresh supply of rooms. About 982 rooms will be available by the end of the year. 
 

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