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FINANCIAL NEWS
Qatar tourism sector registers growth
28 Nov 2013
(MENAFN) Qatar’s Tourism Authority said key indicators of the tourism sector during the third quarter improved from the same period last year, Saudi Gazette reported.
The hotel occupancy rate in the period averaged at 57 percent, up from 50 percent in last year’s third quarter, although over 600 rooms were added to the sector and inventory was increased 4.73 percent.
This indicates that Total Revenue amongst four and five star Hotels went up by USD23.4 million, up to a total of USD193 million, registering a 13.8 percent increase from the corresponding period a year ago.
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