Tag: YOY

Arabian Travel Market 2019 opens tomorrow in Dubai

Arabian Travel Market 2019 opens tomorrow in Dubai

Chief Assignment Editor Chief Assignment Editor- April 27, 2019 17:15 0

ETurboNews ready to exhibit at Arabian Travel Market where hospitality professionals from every corner of the world will gather in Dubai tomorrow (Sunday, April 28) ... Read More

Centel Announces all-times high and annual cash dividend

Centel Announces all-times high and annual cash dividend

Juergen T Steinmetz Juergen T Steinmetz- April 25, 2019 08:15 0

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

Arabian Travel Week launches in Dubai

Arabian Travel Week launches in Dubai

Juergen T Steinmetz Juergen T Steinmetz- April 24, 2019 09:40 0

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

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

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

Juergen T Steinmetz Juergen T Steinmetz- April 2, 2019 07:03 0

Arrivals from the Middle East to Egypt are expected to increase 50% from 1.49 million in 2018 to 2.23 million in 2022 with visitors from ... Read More

The Bahamas is enjoying historic visitor numbers

The Bahamas is enjoying historic visitor numbers

Chief Assignment Editor Chief Assignment Editor- March 21, 2019 16:48 0

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

Challenging start to 2019 for hotels in mainland Europe

Challenging start to 2019 for hotels in mainland Europe

Chief Assignment Editor Chief Assignment Editor- March 7, 2019 17:30 0

Profit per room at hotels in mainland Europe fell by 9.1 percent year-over-year in January—the largest margin of decline in this measure since August 2016—as ... Read More

UK hotel profits drop due to rising costs

UK hotel profits drop due to rising costs

Chief Assignment Editor Chief Assignment Editor- February 28, 2019 22:15 0

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 to rising costs, according to ... Read More

2018 second consecutive year of large gains for European hotels

2018 second consecutive year of large gains for European hotels

Chief Assignment Editor Chief Assignment Editor- February 1, 2019 21:20 0

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 percent, marking a second consecutive ... Read More

Commercial demand helps European hotels’ profit growth in November

Commercial demand helps European hotels’ profit growth in November

Chief Assignment Editor Chief Assignment Editor- January 15, 2019 18:25 0

Demand from the commercial segment accounted for more than 40 percent of accommodated roomnights in November and helped fuel a 5.2-percent year-on-year increase in profit ... Read More

UK hotels: Second consecutive month of profit growth in November

UK hotels: Second consecutive month of profit growth in November

Chief Assignment Editor Chief Assignment Editor- January 10, 2019 00:25 0

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

Profit slide continues for Middle East & North Africa hotels

Profit slide continues for Middle East & North Africa hotels

Chief Assignment Editor Chief Assignment Editor- December 4, 2018 09:10 0

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

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