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FINANCIAL NEWS
Hotel occupancy rate in Manama up 32 percent
27 Apr 2014
(MENAFN) New data by STR Global show that hotels in the Bahraini capital were among the best performing in the Middle East and Africa region last month, Arabian Business reported.
Occupancy rate in the capital city increased by an average of 32.2 percent in the month, registering an average of 60.7 percent. Revenue per available room (RevPAR) surged 29.6 percent to USD119.14.
March marked the second monthly growth for Manama hotel following a 39 percent increase in occupancy and a 37.7 percent increase in RevPAR in February.
The STR Global data shows that Saudi Arabia”s Jeddah registered the largest increase in average daily rates (ADR) regionally with an increase of 8.5 percent.
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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