Tag archive for ‘STR Global’
By Staff Writer On Tuesday, September 29th, 2015

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

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

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

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

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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