2012 Middle East Hotel Survey - The Impact of the Arab Spring
In 2011, all cities in Egypt experienced a double-figure decline in occupancy levels. The hardest hit was Nuweiba and Al Quseir, experiencing a 41 and 37 percentage point (pp) decline, respectively. Major tourist destinations Cairo and Sharm El Sheikh followed, declining by 35 and 34 pp, respectively. With the exception of a 13 pp decline in Al Jubail, due in part to the introduction of the 98-room Coral hotel in the second quarter of 2011, all cities in Saudi Arabia sustained previous occupancy rates, or grew moderately. Both Yanbu and Al Qassim experienced strong growth of eight and seven pp, respectively.
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