Hotels

Hotel Room Rates Recover In 2010

Falling hotel room rates in the Middle East and North Africa (Mena) region, have led to higher occupancy rates, but industry experts are optimistic that there will be a slow and steady recovery in the sector by the end of 2010. Samir Daqqaq with Oetker Hotel Collection said “Hospitality is a volatile sector worldwide. During a slowdown it is the first one to be affected. But I think this is just a temporary phase or cycle and by the end of 2010 or first quarter of 2011, the revival will commence”  Daqqaq is Senior Vice-President for Development, Mena at the € 9.2 billion (Dh46.34bn) company, Oetker Hotel Collection (OHK).  

Analysts point out that hotel companies in the Mena region have not been affected as badly by the economic recession as their counterparts in the U.S. and Europe.  According to findings from French research firm MKG Hospitality, hotel room rates recovered somewhat in 2009, but are now at par with 2007 levels.
 

More Hotels
Emirates Palace Abu Dhabi to celebrate Mexican National Day with Mexican food fiesta
Looking for an adventure - go to Iraq for Eid
* Hotel Metropole Geneva
Latest Travel News
flydubai will fly to Tashkent from 11 Ma...
ATM Dubai to launch Holiday Shopper on 2...
Agoda partners with Saudi Ministry of ...
Featured Sights To See
Jungle Zone

Jungle Zone

Doha, Qatar

This attraction is massive, covering an area of over 3500 square meters. Children are bound to love this jungle zone which is an indoor amusement park. Rides include Jungle Train, Elephant Jet, Honey Swing, Lion's Lair, The Crazy Jump, Mountain Coaster, Wild Flume, Eureka, Jungle Castle, Video Arcade and Redemption Games.  Timings: Daily, 1 P.M- 10 P.M; Saturdays 10 A.M- 10 P.M Admiss...

The Capitoline Hill

The Capitoline Hill

Rome, Italy

Above the Roman Forum, the Capitoline Hill was Rome’s symbolic centre and held the temple of Jupiter. It is one of the most famous and highest hills of Rome. It was a seat of power in ancient Rome and remains a centre of municipal government even today. There are two museums, the oldest public museums in the world, the Palazzo Nuova, with Greek and Roman sculptures, and the Palazzo dei Conservat...

South African National Gallery

South African National Gallery

Cape Town, South Africa

This gallery is small and elegant. Whilst there isn’t such a great collection of art on exhibit here due to lack of space; this is a must stop for those visiting Cape Town. It allows for visitors to have a much more critical and generally a deeper understanding of South Africa’s history and culture and the evolution this country has undergone. Fighting sticks and traditional African beadwork in ad...

Boating at Herastrau Park

Boating at Herastrau Park

Bucharest, Romania

One of the largest parks in Bucharest, Herastrau is a good place to take your kids to have a fun filled afternoon. The park also has boat riding facility and has acres of open space for picnics, running around and having fun with your children.                     ...