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MEA Hotels Market Review

Despite successfully recording growth across a number of revenue departments, hotels in the Middle East and Africa suffered a 1.8 percent year-on-year drop in GOPPAR, which was primarily as a result of weakening achieved average room rate, according to the latest worldwide poll of full-service hotels from HotStats.

Whilst hotels in the regions effectively recorded a 2.3 percentage point increase in room occupancy in November 2017, to 71.6 percent, which was the second highest occupancy recorded in the region in 2017, this was completely cancelled out by a 4.7 percent decline in achieved average room rate.

As a result, RevPAR for hotels in the Middle East and Africa fell by 1.4 percent to USD135.08 in November 2017.