Middle East/Africa hotel results for February
In February 2012, the region's occupancy jumped 13.3 percent to 62.6 percent, its average daily rate decreased 6.8 percent to US$172.01 and its revenue per available room was up 5.6 percent increase to US$107.74.
One year on from the Arab Spring, we are seeing positive RevPAR growth on lower base values for Northern Africa, as can be seen in Cairo, which reported 96 percent RevPAR recovery to EGP266, said Elizabeth Randall, managing director of STR Global.
We saw occupancy pick up in markets which saw various levels of political protest last year, such as Amman, Beirut and Cairo, whilst performance continued to be impacted in Manama.