By browsing on our website, you are agreeing to our cookies policy.

Following on the 24 percent plummet in profit per room in 2016, hotels in Riyadh also suffered a 16.2 percent year-on-year drop in profit during January.

According to new figures released by Sharjah Commerce and Tourism Development Authority (SCTDA), more than 86,000 Chinese visitors stayed in Sharjah hotels last year, compared with 53,000 during 2015, making China the emirate’s sixth largest inbound tourism market. 

In 2016, profit per room at Kuwait properties fell 18.7 percent when compared to 2016.

As a city heavily reliant on corporate travellers, Riyadh properties suffered due to the drop in oil prices coupled with significant supply growth, up 8.9 percent in the first 10 months of the year.

Declining for the 24th consecutive month, hoteliers in Doha recorded an 11.9 percent year-on-year decrease in achieved ARR.

Despite significantly reducing both overhead and labour costs, hotels in Abu Dhabi were unable to offset the decline in revenue across the major operating departments in May and as a result year-on-year profit per room dropped 6.9 percent.