16 May 2016
(MENAFN) Revenue in Dubai per room declined by 16.1 percent in April compared with a year earlier to reach USD 167.46mn during the month.
Moreover, the average daily rate fell down by 15.4 percent to USD 210.11mn, as occupancy decreased by almost 1 percent to 79.7 percent.
On the other hand, the supply of rooms increased by 6.1 percent, while demand grew by a smaller 5.2 percent last month.
In addition, more than 1,000 hotel rooms in the mid-market sector opened last year, with the room count standing at 82,760 at the end of March.
17 Sep 2025
BBK and CrediMax launch exclusive offers for customers in collaboration with The Ritz-Carlton, Bahrain
31 Aug 2025
BBK announces an exceptional 6-month grace period financing campaign for Personal and Car Finance customers
13 Aug 2025
BBK’s BD 5,000,000 Al Hayrat scheme awards BD 680,000 to 390 Al Hayrat winners in August and September
04 Aug 2025
HM the King’s Support for Youth is an Inspirational Model for Their Empowerment Journey
28 Jul 2025
BBK discloses its financial results for the half year ended 30th June 2025
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
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