Tuesday, January 26, 2010

STR Global posts Middle East/Africa Dec. '09, year-end '09 results

LONDON—The Middle East/Africa region reported year-end decreases in all three key measurements when reported in U.S. dollars, according to data compiled by STR Global.

The region’s occupancy in 2009 dropped 10.9 percent to 62.0 percent; average daily rate decreased 2.7 percent to US$153.91; and revenue per available room decreased 13.3 percent to US$95.44.

Read more: