MIDDLE EAST HOTEL BENCHMARK SURVEY REPORT

Ernst & Young Middle East's key performance highlights

in average occupancy of approximately 21.0 percent when compared to the same period last year, coupled with an increase in ADR from USD 186 in July 2014 to USD 199 in July 2015, which resulted in a rise in REVPAR of 73.4 percent during the same period. The enduring increase in Beirut’s hospitality market could be ascribed to the ongoing political stability in Lebanon along with the many tourists that tend to visit Beirut during its peak season.

Cairo’s hospitality market continued to witness a triple digit increase in REVPAR of 149.2 percent during the month of July 2015 when compared to the same period last year. This was mainly due to an increase in ADR from USD 95 in July 2014 to USD 133 in July 2015. Overall occupancy has also increased by 17.0 percent in July 2015 when compared to the same period last year.

an increase in REVPAR by 25.7 percent in July 2015 when compared to the same period last year. Occupancy has increased from 36.0 percent in July 2014 to 47.0 percent in July 2015. However, ADR dropped from USD 160 in July 2014 to USD 154 in July 2015.

to drop month over month, with REVPAR dropping by 5.5 percent. This was mainly due to the drop in ADR by 10.7 percent from USD 197 in July 2014 to USD 176 in July 2015.

witnessed a decrease in occupancy of 3.0 percent when compared to the same period last year, which resulted in REVPAR dropping from USD 54.0 in July 2014 to USD 52.0 in July 2015. However, ADR did increase from USD 202 in July 2014 to USD 221 in July 2015; this may be attributed to the typical hot summer season.

market witnessed an increase in REVPAR of 2.6 percent when compared to the same period last year. This was mainly due to the increase in occupancy from 54.0 percent in July 2014 to 61.0 percent in July 2015. Dubai’s overall hospitality market has recorded a drop in ADR, from USD 174 in July 2014 to USD 172 in July 2015. However, average occupancy has witnessed an increase of 13.1 percent in July 2015 when compared to the same period last year, which resulted in an increase in REVPAR from USD 84 in July 2014 to USD 105 in July 2015.

Dhabi and Dubai may be attributed to the Eid Holidays.