Caspar Qadime

19/06/2019

Prepare for the last quarter surprise...Your next home in Europe is closer than you thought...Lets get talking!!!!

22/08/2018

01/08/2018

Middle East hotels fail to match Africa's record performance growth.

Hotels in the Middle East reported negative performance results in second-quarter 2018 while hotels in Africa posted growth across the three key performance metrics.

01/08/2018

Nigeria’s hotel performance improved alongside oil output during second-quarter 2018. The 49.4-percent occupancy, which rose 10.9 percent from the levels recorded in the same period in 2017, was the highest for a second quarter in the country since 2014.

ADR also saw a positive increase, rising 9.9 percent to NGN52,094.78, while RevPAR surged 21.9 percent to NGN25,727.02

01/08/2018

Like most countries in the region, Kuwait received a lift in demand during Eid al-Fitr; however. the country’s absolute RevPAR levels have remained low since the drop in oil prices and subsequent lower occupancy levels.

Occupancy fell 0.9 percent to 52.7 percent in the past quarter. ADR dropped 1.6 percent to KWD63.29, driving a 2.5-percent decline in RevPAR to KWD33.36.