Tag archive for ‘STR Global’
By Staff Writer On Tuesday, September 29th, 2015
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Middle East hotels see performance drop

Compared to August 2014, hotels in MEA reported a 1.1% decrease in occupancy to 62.9%, a 1.6% drop in average daily rate to US$134.53 and a 2.7% decline in revenue per available room to US$84.57. Regional snapshot: More...

By Staff Writer On Monday, September 21st, 2015
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Qatar Tourism Authority to track performance metrics

Qatar Tourism Authority has entered into a partnership with STR Global to track the performance metrics of its hotels and expand benchmarking services throughout the country’s hotel industry. Year-to-date through More...

By Staff Writer On Monday, August 17th, 2015
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Dubai hotel occupancy up 26%

Preliminary data for Dubai hotel performance has shown an occupancy rise of 26.1% following a slump during the early summer and Ramadan. Now standing at 57.6% across the emirate, the boost has also translated into More...

By Staff Writer On Sunday, August 16th, 2015
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45% increase in MEA hotel construction

There has been a 45.4% YoY in the number of hotels being constructed in the Middle East and Africa, according to a new report from STR Global, as the region reported 98,831 rooms in 381 hotels under construction More...

By Staff Writer On Thursday, August 6th, 2015
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Airbnb “squarely aimed at competing with hotel rooms”

Airbnb is directly competing with hotel stock in New York City, offering short term rentals for $256, compared to the current ADR of $289 for hotel rooms, according to a new study released by STR Global. The hospitality More...

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