STR Global: Middle East Least Affected By Downturn
New data released by STR Global shows Middle East hotels are the least affected by the economic downturn, although RevPar (revenue per available room) dropped 17.5% for the year ending 30 June 2009. Deloitte said RevPar in June was $132 across the Middle East and average room and occupancy rates also fell due to the global economic crisis. Beirut hotels had the strongest RevPar growth in the world in H1,…













