bahrain hotels still in doldrums after unrest
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice
Emiratesvoice, emirates voice
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice

Bahrain hotels still in doldrums after unrest

Emiratesvoice, emirates voice

Emiratesvoice, emirates voice Bahrain hotels still in doldrums after unrest

Manama - Arabstoday
Bahrain\'s hotel sector is still struggling to return to pre-unrest levels while other countries hit by uprising are showing signs of recovery, STR Global has said in a new report. Its latest data for February showed that hotels in Manama witnessed a continued slump in both occupancy and revenue per available room (RevPAR). Occupancy dropped more than 24 percent compared to February 2011 when the uprisings began in the Gulf kingdom. Occupancy currently stands at 44.8 percent. STR Global also said that RevPAR fell 31.6 percent in Manama hotels to just $92.11, making it the worst performer in the Middle East and Africa region. However Cairo, which was also badly hit by the impact of last year\'s revolution, saw significant signs of recovery in February, according to STR Global data. RevPAR rose 91.4 percent to $44.01 compared to the same month last year while occupancy levels were also up by 178.4 percent to 40.7 percent, achieving the largest increase in that metric. “One year on from the Arab Spring, we are seeing positive RevPAR growth on lower base values for Northern Africa, as can be seen in Cairo, which reported 96 percent RevPAR recovery to EGP266,\" said Elizabeth Randall, managing director of STR Global. “We saw occupancy pick up in markets which saw various levels of political protest last year, such as Amman, Beirut and Cairo, whilst performance continued to be impacted in Manama”. Overall, the Middle East/Africa region’s occupancy jumped 13.3 percent to 62.6 percent in February, its average daily rate decreased 6.8 percent to $172.01 and its RevPAR was up 5.6 percent increase to $107.74. While Manama posted the largest drop in occupancy, Abu Dhabi also fell by 12.2 percent to 64.4 percent. Abu Dhabi also posted a 20.1 percent drop in average daily rates (ADR) to $178.20. Abu Dhabi\'s RevPAR also fell significantly in February compared to the same month last year - down 29.9 percent to $114.72. Beirut\'s ADR rose 7.7 percent to $193.96, reporting the largest increase in that metric, followed by Dubai with a five percent increase to $252.98. Four markets experienced RevPAR increases of more than 20 percent including Jeddah which rose 22.9 percent to $164.32.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

bahrain hotels still in doldrums after unrest bahrain hotels still in doldrums after unrest

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

bahrain hotels still in doldrums after unrest bahrain hotels still in doldrums after unrest

 



GMT 10:18 2016 Wednesday ,23 March

cartoon seven

GMT 10:08 2018 Wednesday ,24 January

Microsoft to open 4 data centres

GMT 05:20 2012 Friday ,14 December

The Egyptian opposition: A smart move

GMT 11:50 2012 Wednesday ,29 February

GM plans to buy stake in Peugeot

GMT 05:58 2015 Wednesday ,22 April

Greece needs to work harder toward bailout agreement

GMT 13:32 2011 Wednesday ,13 July

Promising tourist season in Tartous

GMT 15:01 2017 Thursday ,17 August

Du LaLiga HPC team taste success

GMT 17:28 2017 Tuesday ,14 November

E-sport popularity mushrooms

GMT 11:25 2011 Wednesday ,24 August

Netherlands is new No. 1 in soccer

GMT 11:44 2011 Thursday ,28 July

Phelps makes statement one year out from London

GMT 09:42 2012 Wednesday ,14 March

Kuwait soccer team could get red card over cashflow

GMT 12:24 2012 Friday ,09 March

Driving the new Bentley Continental GT

GMT 08:58 2012 Sunday ,27 May

Men in Black 3
 
 Emirates Voice Facebook,emirates voice facebook  Emirates Voice Twitter,emirates voice twitter Emirates Voice Rss,emirates voice rss  Emirates Voice Youtube,emirates voice youtube  Emirates Voice Youtube,emirates voice youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

emiratesvoieen emiratesvoiceen emiratesvoiceen emiratesvoiceen
emiratesvoice emiratesvoice emiratesvoice
emiratesvoice
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
emiratesvoice, Emiratesvoice, Emiratesvoice