As we are moving further and further away from the dreaded lock down and COVID era we are starting to see some normalization within our industry again. Restrictions are being removed, air lift is increasing and in turn we are […]
STR: Preliminary December data for Abu Dhabi hotels Hotels in Abu Dhabi, United Arab Emirates, reported occupancy increased 8% to 79.4%, according to preliminary STR data. ADR also increased 2.1% to 496.70 Emirati dirhams ($135.30), which boosted RevPAR up […]
STR: Preliminary October data for Abu Dhabi hotels Abu Dhabi’s hotel market posted positive year-over-year performance in October, according to preliminary data from STR. Occupancy grew 12.7% to 80.9%, ADR increased 2.3% to 465.58 Emirati dirhams ($126.75) and RevPAR was […]
STR: Asia/Pacific hotel performance for Q1 2017 In the first quarter of 2017, hotels in the Asia/Pacific region reported mostly year-over-year performance increases. Occupancy increased 3.3% to 68.3%, ADR was nearly flat (-0.3% to $104) and RevPAR jumped 3% to […]
STR: Asia/Pacific hotel performance for February 2017 During February 2017, Asia/Pacific hotels reported an 8% occupancy increase to 68.7%, a 5% ADR decrease to $102.95 and a 2.6% RevPAR increase to $70.67. Full Article Here STR: Preliminary February data for […]
STR: Preliminary January data for Abu Dhabi hotels Preliminary January 2017 data for Abu Dhabi shows the market experienced a 1.4% occupancy decline to 74.2%, a 10% ADR decrease to 465.80 Emirati dirham ($126.82) and an 11.2% drop in RevPAR […]
What social media channels are you on and why have you selected them? Facebook is my most active social media channel, I use it socially to stay in touch with family and friends on regular basis, it is also a […]
Net Operating Income (NOI) – A company’s operating income after operating expenses are deducted but before income taxes and interest are deducted. If this is a positive value, it’s referred to as net operating income, while a negative value is called […]
STR: Preliminary November 2016 data for Abu Dhabi STR’s preliminary November 2016 performance data for Abu Dhabi shows that the market’s hotels reported a 3.1% occupancy decrease to 81%, an 11.1% ADR decrease to 660.14 Emirati dirham ($179.73) and a […]
What social media channels are you on and why have you selected them? I am currently active in Facebook and Instagram to easily connect with family and friends. For work related matters, I am connected to LinkedIn. Join Jerry on […]