1.3 million hotel guests in Abu Dhabi in Q1 2019
Results driven by a boost in average room revenue, ARR, which increased by almost 15 percent coupled with an occupancy rate of 79 percent.
Over 500 new hotels are under construction in the Middle East and Africa
The Middle East total represented almost a 10 percent year-over-year increase in the number of rooms in the final phase of the development pipeline.
Over three million tourists visited Oman in 2018, half of them from the GCC
The number of hotels also grew by 12 percent in 2017-18, resulting in a eight percent growth in the amount of rooms available in the country.
Egypt heads the Africa hotel development top ten with more than 15,000 rooms in the pipeline
The four countries head the top ten by numbers of rooms in the internationally-branded hotel development pipeline, with Egypt showing 15,158 rooms in 51 new hotels.
Bahrain and Egypt leading tourism performance in Q1 2019
In the Middle East, occupancy grew by almost one percent to reach 71 percent in Q1, with an average daily rate of USD 148.
Lebanon’s tourists arrivals grew by four percent y-o-y in Q1 2019
According to the latest data by Global Blue, globe shopper spending increased by 12 percent in Q1. Saudi tourists represent 15 percent of the total tourist spending, with an increase of 45 percent versus prior year.
Accor, Marriott the largest hotel companies in the Middle East, STR data
As part of the STR 500, the company released the top 50 companies and brands in the Middle East during Arabian Hotel Investment Conference (AHIC) in RAK.
Saudi tourism sector to be valued at USD 70 billion in 2019
More relaxed access to visas, as well as combining religious and leisure travel, will be key growth drivers.
Global vegan cheese market on a growing curve
This is mainly driven by a growing awareness of lactose-intolerant conditions which is also boosting sales. Consumers are buying dairy alternatives.
HotStats’ latest Middle East and Africa hotel insights report
It’s been tough sledding for hotels in the Middle East & North Africa. February marked the sixth consecutive month of year-over-year profit decline, in spite of a slight rise in RevPAR, according to the latest data tracking full-service hotels from HotStats. GOPPAR (Total Gross Operating Profit) for the month declined...
