Qatar hospitality sector feels impact of additional supply | gulf-times.com
Almost 5,000 hotel keys have been added to Qatar’s stock over the past 18 months and the additional supply has started to impact performance measures in the second quarter of 2016, a DTZ executive says. Occupancy levels fell 64% in April 2016 compared to 72% in the same month in 2015, while average daily rates also experienced a year-on-year (y-o-y) fall of 6.