Tag: Middle East
Hotstats: The Hotel Industry is Recalibrating and Reassessing
Just over a year after the World Health Organization declared COVID-19 a pandemic, the global hotel industry is slowly stirring from hibernation and seeing...
HotStats: Hotel Profit Perks Up Globally, Except in Europe
HotStats on Friday released its February 2021 report on hotel performance worldwide, showing positive profitability in regions outside of Europe, including the United States,...
HotStats: U.S. GOPPAR Hovers at Break-Even Mark in January
After the worst performing year on record, the hotel industry is still contending with the impact of a global pandemic in 2021. Still, there...
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...
