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Beirut hotel occupancy rates at 69pc

altJune 9 - The average occupancy rates for hotels in Beirut stood at 69 percent in the first quarter of 2010, the same as last year. These were the findings of an Ernst & Young’s survey of the Middle East hotel sector. Beirut’s occupancy rate ranked 14th among 18 markets in the survey, once again, the same as that of the corresponding period last year.
As per the details of the survey, the average rate per room for Beirut hotels was $249 in the first three months of 2010, which makes it the fifth most expensive hotel sector in the region behind Dubai-Beach, Doha, Abu Dhabi and Kuwait. The average rate per room for Beirut hotels went up by 22.7 percent to $249 year-on-year and posted the second highest increase among all markets behind Riyadh.


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