Cookie Error:

Cookies deactivated. To use all functions on this portal, for example the login, Cookies must be activated. Please activate Cookies in your browser settings.

News »
    Print Print 

Plummeting rate hits profit levels at hotels in the Middle East & Africa

Profit per room at hotels in the Middle East & Africa fell by 12.1% year-on-year in April as revenue levels crashed on the back of plummeting achieved average room rate, according to the latest worldwide poll of full-service hotels from HotStats. Further to a seemingly positive period of operation i[…]