Middle East hotels were top performers in 2009

Hotels in the Middle East achieved the highest occupancy, average room rates, and revenue per available room (revPAR) globally in 2009, according to a new report by business advisory firm Deloitte. Citing data prepared by STR Global, the report said occupancy reached 61.3% for the year, while average room rates and revPAR stood at $202 and $214, respectively. 'Hoteliers in the Middle East continue to be global leaders achieving levels of revPAR that other regions could only dream about,' said Alex Kyriakidis, Global Managing Partner of Tourism Hospitality & Leisure at Deloitte.