Makkah and Madinah hotels post 7 and 8 percent surge in RevPAR for 2015 TOURISM
(Jeddah-NewsHalal, Rabi`II 21, 1437, January 31, 2016) Hotels in the Islamic holy cities Makkah and Madina gaining well as they posted 7% and 8% surge in RevPAR (revenue per available room) in 2015. This is highest revenue per available room in the GCC region.
The Elaf Group, a SEDCO Holding Group company and provider of travel, tourism and hospitality services has reportedly expressed confidence in achieving strong growth for 2016 across the Kingdom of Saudi Arabia’s (KSA) hospitality industry, noting a recent industry report showing that hotels in Makkah and Madinah witnessed strong RevPAR (revenue per available room) growth in 2015.
The Elaf Group stated that the full-year report shows that Makkah experienced a 7% year-on year (Y-o-Y) increase in RevPAR while hotels in Madinah surged by 8%.
Makkah and Madinah, due to Haj and Umrah pilgrimage, witness millions of visitors from around the world. The number is expected to grow year by year as Makkah expansion plan is reaching to a final stage of construction.
Government of Saudi Arabia and related authorities striving to improve hospitality of visitors coming to perform Umrah or Haj. In both of Makkah and Madinah, RevPAR (revenue per available room) is expected to continue in 2016.