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Negative Results for Hotel Industry in the Middle East for Q3 2017





During Q3 2017, hotels in the Middle East reported occupancy fell 2.8% to 60.9%, and an 8.1% ADR decrease to $145.50 drove RevPAR down 10.7% to $88.61. Africa’s hotel industry, on the other hand, reported occupancy rose 4.9% to 61.4% during the quarter, while ADR rose 10.1% to $97.79 and RevPAR increased 15.5% to $60. read more >>>

Source:: HotelNewsresource.Com

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