Hotel occupancy rates in Kuwait to rise by 16% this year – ARAB TIMES – KUWAIT NEWS – Arab Times Kuwait English Daily

  • Date: 18-Feb-2022
  • Source: Arab Times Kuwait
  • Sector:Economy
  • Country:Kuwait
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Hotel occupancy rates in Kuwait to rise by 16% this year – ARAB TIMES – KUWAIT NEWS – Arab Times Kuwait English Daily

‘Dubai to witness record highest rate in ME and Gulf’

KUWAIT CITY, Feb 17: According to a report recently issued by Colliers International, a company specialized in hotel research and occupancy rates, hotels in Kuwait City would record an increase in occupancy rates by 16 percent to reach 31 percent in the current year, reports Al-Anba daily. The company explained in the report that the occupancy rates in Dubai will record the highest rate in the Middle East and the Gulf region at 79 percent, compared to 74 percent in Doha, 44 percent in Muscat, 48 percent in Oman, and 40 percent in Beirut. It attributed the slow recovery in hotel occupancy rates in Kuwait to strict laws and travel restrictions in light of the COVID-19 situation.