Wednesday, July 29, 2009

STR Global posts Middle East/Africa June 2009 results

LONDON—The Middle East/Africa region suffered declines in all three key measurements in year-over-year results when reported in U.S. dollars for June 2009, according to data compiled by STR Global.
The region’s occupancy dropped 11.7 percent to 59.6 percent; average daily rate decreased 2.8 percent to US$138.23; and revenue per available room decreased 14.2 percent to US$82.38.
Read more:
http://www.hotelnewsnow.com/articles.aspx?ArticleId=1599

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