Middle-East hotels enjoy third year of double digit growth. Deloitte report.

The Middle-East is recording for the third consecutive year a double-digit revenue per available room growth. It is the fastest growing place on earth (16.7% increase revenue per average room). Dubai is even ahead of Paris and London as far as occupancy but also average room. Hoteliers are selling rooms for about $249 (average) a night. Abu Dhabi is also recording a strongest room rates of any market in the Middle-East. It is the only country which owns its own airline and tourist board. The growth is still really impressive but is going a little bite down compare to 2005. If these kind of aggressiv investments continue, tourist numbers will be growing more as well as hotels’ performances. But the market starts changing! The Middle-East used to be knowed for its luxurious resorts and hotels but right now they are building Premier Travel Inn and Easy Hotel and Youth. Revolution!

I think that right now, the Middle-East with Dubai is of the main touristic destination in the world. Despite the crisis and the continuing threat of terrorism, business is doing well overthere. They know how to create spectacular facilities and how to target the right people and it is not gonna be over soon!