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FINANCIAL NEWS
Dubai’s hotel revenues down 10.1 percent in August
10 Oct 2015
(MENAFN) Four- and five-star hotels in Dubai reported weakening performance levels in August, with revenue per available room (RevPAR) declining 10.1 percent to USD147.45.
Figures from hospitality data firm Hotstats said that due to a marginal rise in occupancy levels by 0.6 percent, the contraction in room revenues was led largely by average room rates (ARR) falling 10.8 percent to USD196.49.
The drop in room revenues also impacted total revenue per available room (TRevPAR) which fell 10.6 percent to USD271.01, according to a new report released.
More News
08 Apr 2026
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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