Tag Archives: Room Rates

STR Global’s Market Forecast is projecting mostly year-on-year improvements in revPAR


STR Global’s Market Forecast is projecting mostly year-on-year improvements in revenue per available room for the remainder of 2011 with some slowdown expected in 2012 for the 45 markets available. The gains will be led mainly through increases in rate … Continue reading

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Abu Dhabi sees record occupancy as rates slump


Hotel guest figures in Abu Dhabi hit record levels in July, with a 38% uplift in guest numbers and a 35% rise in guest nights, according to statistics from the Abu Dhabi Tourism Authority (ADTA) released today. GCC and wider … Continue reading

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Abu Dhabi room rates drop nearly 15% this year


Article by: Louise Birchall Two years ago Abu Dhabi was the world’s second most expensive city for hotel rooms, but declining rates have seen the emirate drop to 24th place this year. Average hotel room rates declined by nearly 15% … Continue reading

Posted in Business, data, Economy, EMEA, fresh from the press, future strategy, Hospitality Consulting, Hotel, hotel industry, Management, Money, New Trend, News, revenues, sales, Studies, wordpress | Tagged , , , , , | 1 Comment