Hotels in both the Middle East and Africa reported all-time lows in occupancy and revenue per available room.
The Middle East’s pipeline is down for the fifth consecutive quarter.
Hotels in both the Middle East and Africa recorded their highest absolute occupancy level since February.
Middle East & Africa region expanded to include India and Turkey, under management of the Dubai Regional Office.
Hotels in both the Middle East and Africa showed improved but low performance, according to July 2020 data from STR.U.S. dollar constant currency, July 2020 vs. July 2019
The landscape continues to change rapidly and while no one can say with any degree of certainty where everything will land, we are starting to see the shape of things to come. Here are changes that the new normal is likely to bring forward in the hotel industry for owners and operators.
There is tremendous value in slowing down and dedicating the time to take stock of where you’ve been and where you’re going; providing clarity for you and everyone who relies on your direction. Only after that can you put together a set of goals that will keep you and your team focused and prepared as soon as the “new normal” starts.