According to STR, occupancy in Middle East hotels rose by 2.4% to 62.2%, while ADR dropped by 6.7% to US$131.49 and RevPAR decreased by 4.5% to $81.80, when compared to the same period last year.
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STR’s analysts revealed that,
“The absolute occupancy level was the highest for a third quarter in Manama since 2010, while the ADR level was the second-lowest for a Q3 since 2008.”
Analysts also said that August was the strongest month of the quarter for Bahrain when looking at absolute values with occupancy reaching 59.3%, ADR touching BHD61.33($163.11) and RevPAR reaching BHD36.38 ($96.75).
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