Middle East sees double digit fall in room rates in H1

07 August 2010

According to a bi-annual survey by corporate travel services firm, Hogg Robinson Group (HRG), the international hotel industry has shown signs of recovery in the first half of 2010. The Middle East region, however, recorded the highest average room rate decrease, with double digit falls in the UAE, Bahrain, Qatar and Oman. Hotel rates in Abu Dhabi fell by 26% in sharp contrast to the 38% growth in average rate recorded in the first half of 2009, the survey found.

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