MENA Chain Hotels Market Review – September 2014

    150 150 Daniel Fountain
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    September Highlights
    • Abu Dhabi hotels turn a corner as average room rates start to rise
    • Stronger demand fuels the revival of hotel performance in Sharm El Sheikh
    • Riyadh hotels record higher profits, however average room rates remain depressed
    • Average room rates fall in Dubai, but profits continue to rise
    • A 38.6% growth in Jeddah hotel profits on the back of rising average room rates

    Daniel Fountain / 12.11.2014

    Editor, Hotel Designs


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