Senior hospitality execs come together in a virtual roundtable in Dubai to discuss what the future looks like for hotels in the region
STR Global
Latest in STR Global
Arabian Travel Market
New hotels pipeline remains strong as GCC countries defy pandemic impact
STR research shows new hotel development remains substantial in Saudi Arabia, Qatar, Oman and the UAE
coronavirus restrictions
Dubai hotel profits soar in October on back of Expo 2020 success
New figures show Dubai gross operating profit per available room for October are up 159 percent on 2019 levels
Dubai coronavirus
Dubai sees highest hotel room rates of the year in April
New STR data shows improvement in average daily rates and revenue per available room in Dubai as recovery from the impact of coronavirus pandemic continues
Abu Dhabi hotels
Abu Dhabi’s August hotel occupancy hits 4 year high
Hoteliers recorded average occupancy at 67.1% across the UAE capita in Augustl, up nearly 4%
Dubai economy
Dubai hotels cut room rates to stimulate demand as supply accelerates
Analysts STR say room rates are being competitively priced in Dubai ahead of Expo 2020 to cope with rising supply
Oman construction sector
UAE dominates Middle East hotel construction pipeline in July
STR data shows the UAE is planning 54,438 new hotel rooms, representing 31.8% of its existing supply
hotel occupancy
Jeddah hotel occupancy rate hits near-3 year high in July
Hoteliers in Jeddah are set to register the highest occupancy rate seen in the Saudi city since August 2016
Dubai
Dubai hotels suffer worst Q2 occupancy rates for a decade
STR figures show that average daily rate and revenue per available room levels fall to lowest in Dubai since 2003
Abu Dhabi economy
Abu Dhabi hotels set to post highest June occupancy for five years
STR’s preliminary June data for the UAE capital indicates high performance due to double-digit demand growth
hotel occupancy
Makkah hotels post record highs for occupancy, room rates in May
Analysts STR says hotels in Saudi holy city saw occupancy rates jump by 30%, room rates by 67% while RevPAR more than doubles
hotel occupancy
Ramadan date shift hits Jeddah hotel performance in May
Jeddah hoteliers face declines in occupancy, room rates and revenues during May, according to industry analysts STR
Abu Dhabi hotels
Abu Dhabi hotels set to post highest April occupancy on record
STR’s preliminary April data for the UAE capital indicates high demand and occupancy levels above 80%
Abu Dhabi hotel rooms
How UAE is dominating pipeline of hotels under construction
More than a third of all hotel rooms being added in the Middle East and Africa are being built in the UAE
Bahrain F1
F1 race helps Bahrain hotels to post first Q1 RevPAR rise for five years
New data released by analysts STR shows hoteliers in Manama witnessed strong demand of 15.1% in the first three months of 2019
hotel occupancy
Jeddah hotel rates fall to 11-year low in March
Average daily rates slump in Jeddah as a very competitive marketplace during low season led to hoteliers sacrificing room rate to maintain market share
AccorHotels
Revealed: who operates the most hotel rooms in the Middle East
STR says Accor and Marriott International maintain the top room counts among parent companies operating in the region