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FINANCIAL NEWS
Hotels in MENA record 8% increase in prices
06 Apr 2013
(MENAFN) According to HotelsCombined’s latest Hotel Price Trends Report, hotel prices in the Middle East and North Africa (MENA) region rose by 8 percent in December, January and February 2012/13, from the same period in 2011/12, reported Arabian Business.
The region ranked as the world’s top in terms of price increases, due to the ongoing investments and the added attractions that draw both leisure and business travelers.
In terms of cities, Alanya and Marmaris in Turkey and Sousse in Tunisia posted the highest rises in the 3-month period.
Meanwhile, globally, hotel prices grew by 4 percent, with Bintan in Indonesia and Vilamoura in Portugal experiencing the highest increases.
It is worth noting that the steepest declines in hotel prices in the period were registered in Spain’s Menorca, Belarus’ Minsk, Ukraine’s Kiev, Lebanon’s Beirut and Italy’s Rimini.
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BBK launches the Youth Advisory Council (YAC) to empower youth and advance innovation
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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