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MENA: Dubai hotels barely break even as occupancy levels plummet to 50.3 percent
The Dubai hotel market saw occupancy levels fall to 50.3 percent in July as overall demand within the city reduced due the summer heat and impact of Ramadan, according to the latest HotStats survey of full service four and five star hotels by TRI Consulting.
Occupancy in Dubai hotels was down 4.6 per...
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