Tag: Middle East
HotStats: Hotels in Middle East and Asia-Pacific End 2020 on a High Note
LONDON — Hotstats recently released its global hotel performance data for December and full year 2020. The U.S. hotel industry returned to break-even profit...
Middle East Hotel Pipeline Declines for Fifth Consecutive Quarter
PORTSMOUTH, N.H.—Lodging Econometrics (LE) this week reported that at the end of Q3 2020, the hotel construction pipeline in the Middle East declined to...
HotStats: August Proves Positive Month for Regions Outside U.S.
LONDON — Europe, Asia Pacific, and the Middle East all showed positive gross operating profit per available room (GOPPAR) in August, according to the...
Middle East Hotel Pipeline Shows Signs of Decline in Q2
PORTSMOUTH, N.H.—According to the latest published Construction Pipeline Trend Report for the Middle East, analysts at Lodging Econometrics (LE) state at the end of...
HotStats: Global Hotel Performance Struggles in June
LONDON — As the second quarter of 2020 closed, global regions continued to struggle with the effects of the coronavirus pandemic, with some areas...