Qatar hotels suffer drop in yields
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Qatar hotels suffer drop in yields

Qatar hotels suffer drop in yields

Hotels in Qatar suffered shrinking volumes and average earnings in the first half of this year, according to Ernst &Young. Doha's hotel rooms' yield plummeted 8% to $166 as occupancy declined 5% (to 62%) and average room rates by 2% (to $263) year-to-date in June this year. However, in June alone, Doha hotel rooms' yield dropped more than 9% to $116 on the back of a 4% plunge in occupancy and 2% in average room rate to $230.

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    AMEinfo staff members report business news and views from across the Middle East and North Africa region, and analyse global events impacting the region today.

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