Rezidor Hotel Management Company Registers Decline
The international hotel management company Rezidor reported key indicators declined in both the Middle East and internationally in the second quarter of the year. The slowdown was less pronounced in the Middle East than in other regions. Revenue per available room (RevPar) decreased 15.2% in the Middle East and Africa between April and June 2009. Globally Rezidor’s RevPar declined 22.9%.
Saudi Arabia was Rezidor’s best performing market based on RevPar with an 11% increase. Occupancy levels in the Middle East and Africa fell 5.5% in the second quarter and the drop globally was 10.8%.
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