For travelers keen on visiting the more than 80 marbled domes of the Sheikh Zayed Grand Mosque, the impressive Qatar Al Watan presidential palace, and the rolling desert dunes of Abu Dhabi, there’s now a great way to do so—and it’s practically free.
Qatar hotel market sees significant performance boost during Eid al-Fitr
22.05.2024 - 11:56 / traveldailynews.com / Theodore Koumelis
Preliminary data from CoStar reveals a notable increase in Qatar’s hotel performance during Eid al-Fitr in April 2024, with occupancy and revenue metrics showing substantial year-over-year growth.
WASHINGTON – Qatar hotel performance jumped during Eid al-Fitr, according to April preliminary data from CoStar. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets.
April 2024 (year-over-year % change):
Qatar saw its highest daily occupancy levels on Thursday, 11 April (90.9%) and Friday, 12 April (91.7%). The country recorded its highest ADR on the same two nights, at QAR753.42 and QAR760.29, respectively. RevPAR peaked on Friday, 12 April, at QAR696.92.
Year-over-year performance comparisons were affected by an earlier Ramadan compared with 2023.
Theodore is the Co-Founder and Managing Editor of TravelDailyNews Media Network; his responsibilities include business development and planning for TravelDailyNews long-term opportunities.
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