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.
27 Jan 2025
BBK offers customers with exclusive Tas’heel and Mazaya Finance to own their dream home
15 Jan 2025
BBK Signs Strategic Partnership with Bahrain Airport Company to Develop “Express Cargo Village”
08 Jan 2025
Bank of Bahrain and Kuwait and Global Payment Services Deliver the First Advanced Fraud Prevention Solution for Wallet Provisioning in the Kingdom of Bahrain
26 Dec 2024
BBK proudly supports “Celebrate Bahrain” as a gold sponsor in cooperation with BTEA
17 Nov 2024
BBK and Asia Jewellers announce exclusive offers to its customers at Jewellery Arabia 2024
12 Nov 2024
BBK partners with Durrat Al Bahrain to offer exclusive financing for Jawhart Al Marjan
05 Nov 2024
As part of its digital transformation journey, BBK adds Google Wallet to its range of digital wallets
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