The Middle East/Africa hotel sector reported mixed results in the three key performance metrics during August 2011, according to data compiled by STR Global. The region ended the month with a -9.5% decrease in occupancy to 48.3%, a -12.9% rise in average daily rate to $149.65, and a -2.2% increase in revenue per available room to $72.31.”The holy month of Ramadan fell together with the month of August this year, reducing demand across the region,” said Elizabeth Randall, managing director of STR Global. “This, in addition to the consequences following the Arab Spring, impacted this month’s results. Average room rates grew across the regions with the only reported declines across Northern Africa.”Highlights among the region’s key markets for August included (year-over-year comparisons, all currency in US dollars):
You might also like
Since you're here...
...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you design and create an advertising campaign
We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.
Let us help you drive your business forward with a good partnership!
Subscribe to our newsletter
Sign up here to get the latest news, updates and special offers delivered directly to your inbox.
You can unsubscribe at any time
Close
Sign in
Recover your password.
A password will be e-mailed to you.
- LOGIN / SIGN UP
- NEWS
- MARKETS
- SECTORS
- FEATURES
- Partner articles
- Airlines / Airports
- Car Rental
- Conferences
- Cruising (Ocean)
- Cruising (River)
- Destination Management (DMC)
- GDS / CRS
- Hotels & Resorts
- Hotel Management Company
- Hotel Technology
- HR / Appointments
- Insurance
- Meetings, Incentives, Conferencing, Exhibitions (MICE)
- Travel Agents (all)
- Travel Technology
- Tourism Boards
- Interviews
- Industry appointments
- Travel Bloggers
- Podcasts – Features
- Partner articles
- EVENTS
- JOBS
- TRAVEL GUIDES
- Destination NaJomtien BanAmphur BangSaray *NEW*
- จุดหมายปลายทาง นาจอมเทียน หาดบ้านอำเภอ บางเสร่ *NEW*
- South Australia Reward Wonders *NEW*
- Ponant Yacht Cruises and Expeditions
- Encore Tickets (Chinese Guide)
- Affordable Luxury in Thailand by Centara Hotels
- Rising Above the Oridinary by Conrad Bangkok
- The Best of Thailand
- IWTA SERIES
- IWTA AWARDS
- TRAVEL CLUB
Comments are closed.