Deloitte: Mideast Hotels Doing Better Than Most
A Deloitte analysis of STR Global data shows that Mideast hotels are faring better than most others during the global economic downturn. The key industry benchmark, revenue per available room (RevPar) dropped 18.1 percent in the region during the first ten months of the year, but the RevPar figure is still better than in Asia Pacific and the Americas.
Rob O’Hanlon, tourism, hospitality, and leisure partner for Deloitte in the Middle East, said “It’s been tough on a global basis, and the region has taken its share of the pain, but benchmarked against Europe and the Americas, the Middle East is still in very comfortable territory.” Hotel occupancy rates in the Middle East were also higher at 61.5 percent, compared to 59.5 percent in Asia Pacific, and 56.9 percent in the Americas. O’Hanlon said that although Dubai’s average daily room rate fell 23.8 percent to $228.87 in 2009, this is still the second highest in the world.
More Hotels News
New seaside resort in Qatar
Friday, 07 October 2016
Those of you planning a trip to Qatar may want to check out Qatar’s first leisure destination ...
Amaneesa restaurant reopens for the winter at the Ritz-Carlton, Dubai
Thursday, 06 October 2016
Amaseena, the outdoors restaurant at the Ritz-Carlton, Dubai, is reopening for the winter season ...
Family friendly Hotel Banana Island, Doha
Monday, 26 September 2016
Stay at the five star Banana Island Resort with your children. Only 10 minutes from Doha city ...
Immerse yourself in olives in Mallorca, Spain
Tuesday, 02 August 2016
If you are planning a trip to Mallorca visit the Sóller Valley which has a long history of ...
Ten spas to spoil yourself in
Sunday, 08 May 2016
Fancy a sand based exfoliation, or a rose steam bath, or a honey massage, or a zero gravity ...
Elaf Group's Makkah and Madinah hotels popular at ATM Dubai
Sunday, 01 May 2016
The Elaf Group of Saudi Arabia has revealed its successful participation at the recently ...
Start your Adventure
North & South America