Latest in Tag: Colliers Highlight

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Latest in Tag: Colliers


muscat

Hurghada, Muscat selected as touristic hotspots with 13%, 8% forecasted growth respectively: Colliers

Hotels in Egypt’s Hurghada and Oman’s Muscat were named touristic hotspots by Colliers International, with a forecasted growth of 13% and 8%, respectively, in revenue per available room (RevPAR), according to Colliers’ MENA Hotel Forecast June 2018 report. The witnessed growth in Hurghada hotels’ RevPAR was boosted by the continuation of a positive perception and …

Mohamed Samir

riyadh

Riyadh, Kuwait hotels secure touristic hotspot status; 20%, 8% forecasted growth respectively: Colliers

Hotels in Riyadh and Kuwait are expected to grow and transform their status to become touristic hotspots with forecasted growths of 20% and 8% respectively in revenue per available room (RevPAR), according to Colliers International’s The MENA Hotel Forecast March 2018 report. The forecasted growth in Riyadh’s case is a result of strong corporate and …

Mohamed Samir

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Hotel revenues per available room forecasted to grow by 8% between December, February in Cairo: Colliers 

Cairo hotels continued to show a strong performance despite the recent devaluation of the local currency. The continued surge in revenues per available rooms (RevPAR) is a result of the increasing Average Daily Rates (ADR), according to Colliers International’s MENA Hotel Forecasts December 2016 report. Consequently, hotel profitability rates are expected to further enhance. According …

Mohamed Samir

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