KUWAIT HO­TEL OWN­ERS AS­SO­CI­A­TION HOSTS STR WORK­SHOP

Hospitality News Middle East - - NEWS - Horeca-kuwait.com/kuwait-hotelown­ers-as­so­ci­a­tion/

Kuwait Ho­tel Own­ers As­so­ci­a­tion hosted the first work­shop of its kind or­ga­nized by Us-based Smith Travel Re­search Com­pany (STR) with the par­tic­i­pa­tion of own­ers and gen­eral man­agers of ho­tels and ho­tel in­sti­tu­tions. The work­shop was held at Re­gency Ho­tel and was fol­lowed by the sign­ing of a co­op­er­a­tion pro­to­col be­tween Ho­tel Own­ers As­so­ci­a­tion and STR, which will pro­vide the sec­tor with travel data from and to Kuwait and the re­gion to uti­lize in con­sol­i­dat­ing ho­tel oc­cu­pancy. The As­so­ci­a­tion state­ment pointed out the Kuwaiti ho­tel sec­tor wit­nessed in the past years a large in­crease in in­vest­ments with the open­ing of new ho­tels in var­i­ous parts of the coun­try with the tar­geted cus­tomers, es­pe­cially the ac­com­mo­da­tion mar­ket, re­main­ing largely un­changed. This posed many chal­lenges re­lat­ing to the per­cent­age of ho­tel oc­cu­pancy and the av­er­age ho­tel room profit.

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