Demand For Key Residential Areas Surge In Q3 2023
menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.
Violations detected at auto electrical workshops
gulf-times.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gulf-times.com Daily Mail and Mail on Sunday newspapers.
Quarantine requirement boosts occupancy of hotels
04 May 2021 - 9:35
Sachin Kumar | The Peninsula
The mandatory hotel quarantine requirement for those coming to Qatar has improved the occupancy rate in hospitality sector. During the fourth quarter more people resumed travelling as due to fall in COVID-19 restrictions that resulted in easing of restrictions.
According to the Planning and Statistics Authority, the average hotel occupancy in 5 star hotel for fourth quarter of 2020 was around 49 percent while in Q4 Average Daily Rates (ADRs) and Revenue per Available Room were QR537 and QR263, respectively, noted a report released by Al-Asmakh Real Estate Development.
“Mandatory hotel quarantine upon return to Qatar for nationals and residents has slightly boosted the overall occupancy compared to previous quarter,” said Qatar Real Estate Q4, 2020 report released yesterday.