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STR Global Data Reveals Bahrain Tourism Numbers IncreasingApril 30, 2012 By: Newswire
Bahrain's tourism industry announced a strong rebound in the hotel occupancy.
STR Global figures reveal Bahrain's hotel occupancy rates more than doubled in March compared to March of 2011. The country posted a 112 percent increase in occupancy rates and a 14.6 percent increase in average daily rates. Average revenue growth per room available rose 143.1 percent.
Elizabeth Randall, managing director of STR Global stated, "In other parts of the region, signs of stabilization can be seen in the strong RevPAR improvements in Bahrain, Lebanon and Jordan. Additional increases of more than 20 percent were reported by Saudi Arabia and Oman, as well."
As a whole, occupancy rates in the Middle East rose 8.9 percent in the first quarter of 2012 to 60. percent. RevPar rose 9.9 percent to $107.23.