How will COVID-19 impact the Kuwaiti hospitality industry
A research prepared by STR and the Kuwait Hotel Owners Association (KHOA), sheds light on the effects of the pandemic on the local hospitality market, and highlights the upcoming recovery scenarios.
Why It Pays To Know Hotel Data Analytics
Kostas Nikolaidis, Middle East & Africa executive for STR, examines the importance of accurate data analysis in the hospitality industry.
The impact of the Coronavirus on the hospitality sector
Where are we now in the midst of this pandemic? What does the future have in store for the global economy? These are just two of many questions we’re all asking as COVID-19 slowly dismantles the international hospitality sector. As we wrestle with the challenges, our trusted consultants guide us...
Looking Ahead
Kostas Nikolaidis, Middle East and Africa executive for STR, takes a first glimpse at businesson- the-books for London and Dubai as at the third week of October 2019.
Navigating MEA hotel profitability landscape
Top line hotel performance in the Middle East is heading towards its fifth year of continuous decline. Kostas Nikolaidis, Middle East & Africa executive for STR, navigates the choppy waters of the current hospitality market
CoStar Group to acquire STR for USD 450 million
STR aggregates data from over 65,000 hotels worldwide, representing nearly nine million guest rooms in over 180 countries.
Middle East and Africa hotel performance update
Hotels in the Middle East reported mixed July 2019 performance results, while hotels in Africa posted increases across the three key performance metrics, according to data from STR.
Manama hotels strike ‘black gold’
Tough trading conditions have been the norm for the Middle East hotel industry over the past five years. A drop in oil prices that began in 2014 inevitably led to an economic slowdown for oil-dependent countries, including Bahrain. Kostas Nikolaidis, Middle East & Africa executive, tracks the kingdom’s early stages of revival and shares his thoughts on where it goes from here
Accor, Marriott the largest hotel companies in the Middle East, STR data
As part of the STR 500, the company released the top 50 companies and brands in the Middle East during Arabian Hotel Investment Conference (AHIC) in RAK.
Vision 2030: The Key to Saudi Arabia’s Tourism Success
KSA has moved to market itself as a global tourism destination with speed and ambition. Philip Wooller, area director, Middle East & Africa at STR, and speaker at the recent Saudi Arabia Hospitality Investment Conference in Riyadh, tracks the Kingdom’s achievements to date and plans for the future in an operating climate now facing unprecedented challenges.