Occupancy: 44.2% (-33.8%) Average daily rate (ADR): US$108.47 (-23.2%) Project in focus: ... MORE NEWS. Bidfood Middle East, part of JSE-listed group Bidcorp, has announced the launch of its latest e-commerce venture, myBidfood, the company’s online ordering platform for the foodservice industry. Middle East. Hotels in both the Middle East and Africa recorded their highest absolute occupancy level since February, according to October 2020 data from STR. All of STR’s COVID-19 analysis can be found here. US$ constant currency, October 2020 (percentage change from October 2019), Local currency, October 2020 (percentage change from October 2019). Each of the three key performance metrics were up from previous months. Latest New Hotel Openings Middle East 2021 news from the world's leading travel industry news resource Breaking Travel News. US$ constant currency, October 2020 (percentage change from October 2019) Middle East. TOPHOTELNEWS is a service of TOPHOTELPROJECTS, © 2020 copyright TOPHOTELPROJECTS GmbH all rights reserved. The occupancy and RevPAR levels were the highest in the UAE since February. Qatar’s occupancy was slightly lower than September, but ADR and RevPAR were up from the month prior. Hotels. Subscribe to our mailing list to get all hospitality updates! Cherry on top: Borja Ferrater scoops Creative Spark design award in Barcelona. Emirates Palace appoints director of food and beverage . Find all articles related to the Middle East region. Atwood wins Creative Spark design award in Los Angeles [Video], The more they try to break Sri Lanka, the stronger we will grow: hotelier Vishnu Vethody, Sri Lanka reels from dastardly Easter Sunday terror attacks on churches, hotels. Find all articles related to the Middle East region. ... FIND HOTEL PROJECTS AND KEY DECISION-MAKERS. STR provides premium data benchmarking, analytics and marketplace insights for global hospitality sectors. Slated for completion in Q4 2022, this mammoth project will include several luxury hotels spread out over five islands in the Red Sea, as well as two resorts in the nearby mountains and the desert. Lodging. FIND HOTEL PROJECTS AND KEY DECISION-MAKERS, Project in focus: Corinthia Hotel Lusail, Qatar, Marriott appoints new EMEA president [Construction Report], Project in focus: Conrad Marjan Island, UAE, UAE welcomes the towering Sofitel Dubai The Obelisk [Infographic], Project in focus: Al Ghadeer Hotel Project, Abu Dhabi, Project of the Week: Corinthia Meydan Beach Dubai, Project of the Week: The Address Harbour Point, Jumeirah Living Marina Gate residence opens in Dubai, Country overview: 47 new and exciting hotels on the horizon in Qatar [Infographic], Cherry on top: Borja Ferrater scoops Creative Spark design award in Barcelona, Hotel Plus – HDE 2019 concludes successfully with excellent feedback, Lick this, Brooks! PORTSMOUTH, NH - According to the latest published Construction Pipeline Trend Report for the Middle East, analysts at Lodging Econometrics (LE) state at the end of the third quarter of 2020, the hotel construction pipeline in the Middle East declined again to 579 projects/168,042 rooms. STR was acquired in October 2019 by CoStar Group, Inc. (NASDAQ: CSGP), the leading provider of commercial real estate information, analytics and online marketplaces. The go-to news source for hotel and foodservice professionals across the MENA and beyond. Saudi Arabia and the UAE lead region’s hotel construction pipeline, report reveals F&B Networking Hub by SIAL Middle East garners extensive international participation New French-Mediterranean lounge bar L’Apero opens its doors at Sofitel Dubai Downtown November 02,2020 0. ... Rotana crowned ‘Best Business Hotel Chain in the Middle East’ for the third consecutive year . With the online database TOPHOTELCONSTUCTION you will have access to +6,000 hotel projects and all relevant decision-maker contacts. Asia Pacific hotel performance for October 2020, Youth’s support for Saudi Arabia’s emerging hospitality sector, Middle East hotel construction pipeline continues to decline, Wilderness Safari’s dessert retreat reopens, Accor MENA expands with addition of India and Turkey, U.S. hotel results for week ending 14 November, A first look at a new era of luxury safaris under canvas, 2020 U.S. hotel forecast slightly upgraded, Baird/STR Hotel Stock Index mostly flat in October, Average daily rate (ADR): US$108.47 (-23.2%), Revenue per available room (RevPAR): US$47.96 (-49.2%). The Middle East’s pipeline is down 7% by projects and 6% by rooms year-over-year (YOY). Hotel projects in the Middle East you don’t want to miss The largest project currently underway in the Middle East is the 3,000-room Red Sea Project in Saudi Arabia. Founded in 1985, STR maintains a presence in 15 countries with a corporate North American headquarters in Hendersonville, Tennessee, an international headquarters in London, and an Asia Pacific headquarters in Singapore. Middle East. People. Hotels in both the Middle East and Africa recorded their highest absolute occupancy level since February, according to October 2020 data from STR. myBidfood can be accessed on all desktop and mobile devices (iOS and Android compatible) and is integrated with Bidfood Middle East’s ERP, creating a seamless flow of data between Additional COVID-19 analysis General NewsCovid19Live BlogExpertsInvestmentSustainabilityAirbnbTechnologyF&B, AfricaAsia PacificDACHEuropeGlobalLatin AmericaMiddle EastNorth America, Ahead AwardsTophotelworldtour Sleep + EatHotecMaison&ObjetHDEHOTCONoVacancy, Daikin Spires Art Gastros Switzerland Schaerer Martinez Otero Havwoods KniTec Revol Porcelaine Victoria + Albert. 1 July 2019 .
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