Tag: YOY

China, Saudi Arabia and travel tech dominate Arabian Travel Market 2019 agenda
Breaking Travel News

China, Saudi Arabia and travel tech dominate Arabian Travel Market 2019 agenda

mm Chief Assignment Editor- June 11, 2019

This year’s Arabian Travel Market witnessed a 106% increase in visitors from China and a 20% increase in international visitors ... Read More

Middle East & North Africa hotels: Occupancy surges, profits drop
Breaking Travel News

Middle East & North Africa hotels: Occupancy surges, profits drop

mm Chief Assignment Editor- May 31, 2019

Occupancy levels at hotels in the Middle East & North Africa surged to 78.2 percent in April, but it was ... Read More

European hotels’ profits down for a fifth consecutive month
Hotel & Resort News

European hotels’ profits down for a fifth consecutive month

mm Chief Assignment Editor- May 29, 2019

Profit per room at hotels in mainland Europe fell for a fifth consecutive month in April, as revenue levels continued ... Read More

UK hotels suffer their largest profit decline since late 2016
Hospitality Industry News

UK hotels suffer their largest profit decline since late 2016

mm Chief Assignment Editor- May 28, 2019

Hotels in the UK suffered their largest margin of year-on-year profit decline since late 2016, as ancillary revenues fell and ... Read More

Arabian Travel Market 2019 opens tomorrow in Dubai
Meeting Industry News

Arabian Travel Market 2019 opens tomorrow in Dubai

mm Chief Assignment Editor- April 27, 2019

ETurboNews ready to exhibit at Arabian Travel Market where hospitality professionals from every corner of the world will gather in ... Read More

Centel Announces all-times high and annual cash dividend
Breaking Travel News

Centel Announces all-times high and annual cash dividend

Juergen T Steinmetz Juergen T Steinmetz- April 25, 2019

Central Plaza Hotel Public Company Limited (“CENTEL”) (SET: CENTEL) today announced that the shareholders in their AGM 1/2562 have passed ... Read More

Arabian Travel Week launches in Dubai
Breaking Travel News

Arabian Travel Week launches in Dubai

Juergen T Steinmetz Juergen T Steinmetz- April 24, 2019

Reed Travel Exhibitions will launch Arabian Travel Week – an umbrella brand comprising four co-located shows – during the 2019 ... Read More

Middle East visitors to Egypt to increase 50% by 2022, ATM report reveals
Breaking Travel News

Middle East visitors to Egypt to increase 50% by 2022, ATM report reveals

Juergen T Steinmetz Juergen T Steinmetz- April 2, 2019

Arrivals from the Middle East to Egypt are expected to increase 50% from 1.49 million in 2018 to 2.23 million ... Read More

The Bahamas is enjoying historic visitor numbers
Travel Destination

The Bahamas is enjoying historic visitor numbers

mm Chief Assignment Editor- March 21, 2019

The Bahamas Ministry of Tourism & Aviation has heralded the highest number of international arrivals ever, resulting in record hotel ... Read More

Challenging start to 2019 for hotels in mainland Europe
Hotel & Resort News

Challenging start to 2019 for hotels in mainland Europe

mm Chief Assignment Editor- March 7, 2019

Profit per room at hotels in mainland Europe fell by 9.1 percent year-over-year in January—the largest margin of decline in ... Read More

UK hotel profits drop due to rising costs
Hotel & Resort News

UK hotel profits drop due to rising costs

mm Chief Assignment Editor- February 28, 2019

Despite a 3.4-percent year-over-year increase in RevPAR in January, profit per room at UK hotels dropped by 2.6 percent due ... Read More

2018 second consecutive year of large gains for European hotels
Breaking Travel News

2018 second consecutive year of large gains for European hotels

mm Chief Assignment Editor- February 1, 2019

Hotels in Europe suffered a 2.7-percent year-on-year decline in profit per room in December, yet still, annual GOPPAR rose 9.2 ... Read More

Commercial demand helps European hotels’ profit growth in November
Breaking Travel News

Commercial demand helps European hotels’ profit growth in November

mm Chief Assignment Editor- January 15, 2019

Demand from the commercial segment accounted for more than 40 percent of accommodated roomnights in November and helped fuel a ... Read More

UK hotels: Second consecutive month of profit growth in November
Breaking Travel News

UK hotels: Second consecutive month of profit growth in November

mm Chief Assignment Editor- January 10, 2019

Building on October’s GOPPAR gains, UK hotels successfully produced a second consecutive month of profit growth in November, positioning hotels ... Read More

Profit slide continues for Middle East & North Africa hotels
Breaking Travel News

Profit slide continues for Middle East & North Africa hotels

mm Chief Assignment Editor- December 4, 2018

Waning revenues and rising costs have conspired to hobble profit per room at hotels in the Middle East & North ... Read More

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