Hospitality 2020: a year to remember or one to forget?
While Covid-19 hit the hospitality industry hard, hotel markets in the Arab world produced intriguing results. Kostas Nikolaidis, Middle East and Africa executive for STR, takes a closer look at the figures to determine the real impact of the coronavirus on the Middle East’s hospitality sector.
UAE Hospitality Reviewed, Restructured, Re-emerging
In 2020, the tourism sector grappled with what has been described as a “black swan event” — the Covid-19 pandemic. Kostas Nikolaidis, Middle East and Africa executive for STR, explores the way in which the UAE has responded to the threat and supported the hospitality industry.
How will COVID-19 impact the Kuwaiti hospitality industry
A research prepared by STR and the Kuwait Hotel Owners Association (KHOA), sheds light on the effects of the pandemic on the local hospitality market, and highlights the upcoming recovery scenarios.
Why It Pays To Know Hotel Data Analytics
Kostas Nikolaidis, Middle East & Africa executive for STR, examines the importance of accurate data analysis in the hospitality industry.
The impact of the Coronavirus on the hospitality sector
Where are we now in the midst of this pandemic? What does the future have in store for the global economy? These are just two of many questions we’re all asking as COVID-19 slowly dismantles the international hospitality sector. As we wrestle with the challenges, our trusted consultants guide us...
Looking Ahead
Kostas Nikolaidis, Middle East and Africa executive for STR, takes a first glimpse at businesson- the-books for London and Dubai as at the third week of October 2019.
Navigating MEA hotel profitability landscape
Top line hotel performance in the Middle East is heading towards its fifth year of continuous decline. Kostas Nikolaidis, Middle East & Africa executive for STR, navigates the choppy waters of the current hospitality market
CoStar Group to acquire STR for USD 450 million
STR aggregates data from over 65,000 hotels worldwide, representing nearly nine million guest rooms in over 180 countries.
Middle East and Africa hotel performance update
Hotels in the Middle East reported mixed July 2019 performance results, while hotels in Africa posted increases across the three key performance metrics, according to data from STR.
Vision 2030: The Key to Saudi Arabia’s Tourism Success
KSA has moved to market itself as a global tourism destination with speed and ambition. Philip Wooller, area director, Middle East & Africa at STR, and speaker at the recent Saudi Arabia Hospitality Investment Conference in Riyadh, tracks the Kingdom’s achievements to date and plans for the future in an operating climate now facing unprecedented challenges.