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FINANCIAL NEWS
Bahrain- Hotel rates up 70% in April
24 May 2012
(MENAFN) STR Global issued new reports showing an in crease in hotel rates in the Kinfgdom of Bahrain, due to the revival of the country’s tourism sector as the Formula 1 races go on, reported Arabian Business.
In the capital alone, hotel rates rocketed by seventy percent last month, year on year. The country was forced to cancel the Formula 1 races last year as it was going through political unrest.
STR Global added that Manama witnessed a 30.4 percent increase ion average daily rates (ADR).
More News
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BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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