Thursday, August 27, 2009

STR Global posts July 2009 results for Middle East/Africa

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 July 2009, according to data compiled by STR Global.
The region’s occupancy dropped 11.0 percent to 62.0 percent; average daily rate decreased 3.0 percent to US$135.02; and revenue per available room decreased 13.6 percent to US$83.77.

Read more:
http://www.hotelnewsnow.com/articles.aspx?ArticleId=1777

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