MENA Chain Hotels Market Review – March 2014

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March Highlights
• Abu Dhabi occupancy levels continue to rise on the back of strong tourist demand
• Decline in average rates in Doha impact bottom line
• MICE activity pushes occupancy to 72.5% in Riyadh
• Dubai hoteliers witness profits rise to 53.3% during the first quarter of 2014
• Profitability in Cairo drops 21.9% during the first quarter of 2014

Daniel Fountain / 06.05.2014

Editor, Hotel Designs

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