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Sunday, 22 November 2009 23:48 UAE time

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STR Global

Main Category: Hospitality Consultancy
Country : United Kingdom
Website: www.hotelbenchmark.com


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437 new hotels in MENA construction pipeline

STR Global's October report says more than 120,000 extra rooms planned for sector.

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ME hotel occupancy rates down 8% in Sept

STR Global figures show that Riyadh was worst hit with 25% drop amid swine flu fears.

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120,000 hotel rooms in MENA construction pipeline

Almost half of the region's new hotel projects currently in the UAE - STR Global.

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Dubai revPAR set to fall up to 28% by year-end

STR Global forecast sees revenues per room dropping 25-28% in 2009.

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MENA hotels suffer Ramadan revenue declines

RevPAR, daily rates and occupancy rates all drop in August - STR Global report.

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UAE dominates region's new hotels pipeline

STR Global says nearly 50% of all Middle East & Africa's projects are in the emirates.

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Dangerous game

STR Global MD James Chappell warns hoteliers over the practice of slashing room rates in a downturn.

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Mideast hotels least affected by crisis - STR Global

Revenues down 17.5% in year to June but still performing better than other regions.

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Dubai hotel revenue near 2009 low - survey

Travel revenues low as travellers tightened their belts due to the economic crisis.

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Mideast hotels hit by global slowdown in Jan-Apr

New survey reveals fall in occupancy, revenues with only Saudi, Lebanon bucking trend.

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Dubai hotel revenues drop 35% in Feb - study

STR Global survey shows revenue per available room falls sharply to $217.

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UAE hotel occupancy rates fall by 4.9%

Latest figures reveal drop in demand in Nov, hotels forced to cut rates amid tourism downturn.

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Dubai, Kuwait, Bahrain hotel occupancy rates fall

Global economic downturn blamed as hotel visitors drop but revenues still increase.

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International slowdown tipped in wake of crisis

Strong rates are continuing to drive international hospitality markets, but the question must now be asked: how long this can be maintained in the wake of global financial market turmoil?

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READER COMMENTS

  1. Dubai population grows 1.9% in Q2 04
    22 Nov ' 09 at 21:41
    the figures on 'population' do not come from rental stats and who is living where, it comes from the number of visas issued that are...   More  »
  2. The Roubini Vs Rogers debate 04
    22 Nov ' 09 at 14:44
    Simon, I agree with everything you say. The paper gold games of Comex and the gold fractional reserve banking system of the LBMA are...   More  »
  3. RTA to lease last batch of retail outlets on Red Line 04
    22 Nov ' 09 at 15:33
    Dont really know how well these outlets do. No feedback.   More  »

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