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FINANCIAL NEWS
Abu Dhabi hotels register doubled revenue in RevPAR
09 Mar 2014
(MENAFN) Abu Dhabi’s hotels more than doubled in revenue per available room (RevPAR) in January as occupancy reached their highest levels, according to Arabian Business.
Abu Dhabi hotels grew by 7.6 percent in ARR to reach USD165.07 in January, while occupancy hit 74.7 percent.
The combined effects of a rise in both performance indicators drove RevPAR growth by 16 percent.
More News
05 Aug 2024
With the support of BBK, BIBF and BJA hold a graduation ceremony for journalists completing the training program
09 Jun 2024
BBK Successfully Closes USD Benchmark Bond Offering at $500 Million, in Collaboration with a Consortium of Regional and International Banks.
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