Dubai hotels registered strongest performance in March | Dubai hotels registered strongest performance in March -
dubai-hotels

Dubai hotels registered strongest performance in March

: Thursday, May 01 - 2014 @ 12:35

According to a survey by TRI Hospitality Consulting, hotel occupancy in Dubai was the strongest in the region during March at 88.4%, Gulf News has reported. Average room rates (ARR), meanwhile, rose up 5.6% to $398.71, boosting profit margins, with gross operating profit per available room (GOPPAR) reaching $305.02. or 53.3% of total revenue. During the first three months of the year, hotels in the emirate saw ARR grow by 5.6% to $389.99, while revenue per available room (RevPAR) was up 4.5%.

Today's Top Stories

Posted by

Thursday, May 1- 2014 @ 12:35 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

AME Info Services







Business DirectoryVIEW ALL

Search by name

Search by industry

Browse alphabetically





JobsVIEW ALL

Search for jobs

Latest Jobs