Hear from Ali Manzoor, our Head of Hotels & Tourism, on his outlook on the hotel sector for the Middle East in 2023.
In 2022, the GCC’s hotel sector continued to record increasing visitation numbers, higher ADRs and ultimately higher RevPARs. Given that this will be the first year that does not have any pandemic related restrictions, we forecast that KPIs will, by year-end, almost uniformly surpass 2019 levels.
Read the CBRE Middle East Market Outlook 2023 report for more insights: [ Ссылка ]
