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Middle East Hoteliers Face Challenges

The subcontinent’s hotel sector posted mostly negative results for November 2015 with

occupancy levels dropping 3.3 percent to 69.2 percent, according to STR Global.

Average daily date (ADR) was also down 3.3 percent to USD204.97, leading to a RevPAR decrease of 6.5 percent to USD141.90.

In Egypt, although both occupancy and RevPAR were lower than in the same month in 2014, ADR improved 13 percent

On the contrary, in Oman occupancy rose 4.8 percent, despite the negative change in ADR and RevPAR.

Abu Dhabi and Saudi Arabia both witnessed declines in all three key performance metrics, nevertheless, Mecca and Medina experienced positive developments.