Dubai revPar plunges 31.4% as Beirut surges 62.1%
2009 results signify impact of downturn but success stories shine out
Deloitte analysis of STR global hotel performance data for the Middle East has shown the range of fortunes for Middle East hotel sectors in 2009.
While Dubai RevPAR decreased by 31.4% to US $163.3 in 2009 compared to 2008, Beirut’s RevPAR increased by 62.1% to $145.53 for the same period.
Despite occupancy in the Middle East for 2009 witnessing a decrease of 9.6% to 61.3%, the region topped word tables.
It also ranked the highest in RevPAR in 2009 at $124, compared to $80.6 in Europe, $54.81 in Americas and $72.74 in Asia Pacific.
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