Performance – Hospitality Net

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The Middle East and Africa Hotel Construction Pipelines Continue to Grow

PORTSMOUTH, NH -- Analysts at Lodging Econometrics (LE) report that the Construction Pipelines for the Middle East and Africa continue to grow resulting in 875 Projects/216,045 Rooms combined, according to LE's recent Trend Report.

Performance 7 JuneLodging EconometricsMarkets & Performance

HotStats MENA Chain Hotels Market Review for April 2018

Further to a seemingly positive period of operation in Q1 2018, in which hotels in the Middle East & Africa recorded a 0.9% year-on-year increase in profit per room, properties in the region have been hit hard this month by a 12.

Performance 4 JuneHotStats LimitedMarkets & Performance

Cape Town defends hotel market share

Cape Town retains the biggest share of planned hotel development in South Africa despite showing a decrease in total planned rooms, according to a regional focus from the influential annual hotel pipeline survey by W Hospitality Group.

Performance 4 JuneBench EventsSouth AfricaMarkets & Performance

STR: Middle East and Africa hotel performance for April 2018

Mauritius ADR and RevPAR highest for any April on recordMakkah occupancy level lowest since 2010Tunisia performance surges despite supply growthLONDON -- Hotels in the Middle East reported negative April 2018 performance results, while hotels in Africa posted growth across the three key performance metrics, according to data from STR.

Performance24 MaySTRMarkets & Performance

STR's Middle East and Africa hotel supply development update

Performance15 May

STR's Middle East and Africa hotel supply development update

The Middle East room construction total represented a 36.3% increase compared with April 2017. The Africa room construction total represented a 13.0% decrease compared with April 2017.

Performance15 MaySTRMarkets & PerformanceSupply Construction

March 2018: Cost Cutting Drives Profit Growth at Hotels in the Middle East & Africa

Profit per room at hotels in the Middle East & Africa climbed to $96.95 this month, which was primarily thanks to cost savings, which included a 0.3-percentage point reduction in Payroll levels, to 24.

Performance 2 MayHotStats LimitedMarkets & Performance

Marriott leads Africa's hotel growth - But experts express caution on predictions of future expansion

Most of fourth-placed AccorHotel's deals are fairly new, signed in 2016 and 2017, and therefore it is not surprising that only 36 per cent of rooms in its pipeline are under construction. Best Western has just over 91 per cent of its pipeline rooms onsite.

Performance24 AprilBench EventsSouth AfricaHotel OpeningsReal Estate & InvestmentMarkets & PerformanceSupply Construction

HVS: Kenya

MARKET PROFILEKenya lies along the eastern coast of Africa. An estimated (2016) 46 million people reside in Kenya with a population increase of around one million people per annum. Kenya is establishing itself as an important gateway to the high growth East Africa region.

Performance18 AprilHVSKenyaMarkets & Performance

Take a Look at the Top 5 Hottest Hotel Construction Projects in Africa

In fact, according to the TOPHOTELCONSTRUCTION database, the project pipeline for African hotel construction is more robust that it has been in years. Africa has even surpassed Latin America in a list of the world's most active pipelines.

Performance14 AprilTOPHOTELPROJECTS Supply Construction

HotStats MENA Chain Hotels Market Review - February 2018

Profit per room at hotels in the Middle East & Africa fell to $82.38 this month, which completely cancelled out the positive performance in January and led to hotels in the region recording a 1.2% decline in GOPPAR for year-to-date 2018, to $85.

Performance 4 AprilHotStats LimitedMarkets & Performance