By 2026, the occupancy rate of hotels was forecasted to reach 62 percent in the Gulf Cooperation Council (GCC). The occupancy rate was the highest in 2016, amounting to 64 percent. Since then the revenue per available room in the GCC had fluctuated during the examined period.
Occupancy rate of hospitality sector in the Gulf Cooperation Council from 2016 to 2021 with forecasts to 2026
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Alpen Capital. (August 3, 2022). Occupancy rate of hospitality sector in the Gulf Cooperation Council from 2016 to 2021 with forecasts to 2026 [Graph]. In Statista. Retrieved June 01, 2024, from https://www.statista.com/statistics/1332825/gcc-occupancy-rate-hospitality-sector/
Alpen Capital. "Occupancy rate of hospitality sector in the Gulf Cooperation Council from 2016 to 2021 with forecasts to 2026 ." Chart. August 3, 2022. Statista. Accessed June 01, 2024. https://www.statista.com/statistics/1332825/gcc-occupancy-rate-hospitality-sector/
Alpen Capital. (2022). Occupancy rate of hospitality sector in the Gulf Cooperation Council from 2016 to 2021 with forecasts to 2026 . Statista. Statista Inc.. Accessed: June 01, 2024. https://www.statista.com/statistics/1332825/gcc-occupancy-rate-hospitality-sector/
Alpen Capital. "Occupancy Rate of Hospitality Sector in The Gulf Cooperation Council from 2016 to 2021 with Forecasts to 2026 ." Statista, Statista Inc., 3 Aug 2022, https://www.statista.com/statistics/1332825/gcc-occupancy-rate-hospitality-sector/
Alpen Capital, Occupancy rate of hospitality sector in the Gulf Cooperation Council from 2016 to 2021 with forecasts to 2026 Statista, https://www.statista.com/statistics/1332825/gcc-occupancy-rate-hospitality-sector/ (last visited June 01, 2024)
Occupancy rate of hospitality sector in the Gulf Cooperation Council from 2016 to 2021 with forecasts to 2026 [Graph], Alpen Capital, August 3, 2022. [Online]. Available: https://www.statista.com/statistics/1332825/gcc-occupancy-rate-hospitality-sector/