Wednesday, 4 December 2013

Qatar Tourism Boom Continues in Q3 Too

According to the latest data released by Qatar Tourism Authority shows that Tourism industry in Qatar continues its upward trajectory. The average hotel occupancy rate rose from 50 percent to 57 percent despite the industry adding over 600 rooms, growing inventory by 4.73 percent.

QTA Statistics includes wider field of data, which it is hoped provides greater guidance to the industry. The data is based on hotel submissions to QTA, and assists in assessing trends and underlying opportunities. In spite of the increase in room, inventory the average room rate per available room per day for both 4 & 5 Star hotels increased by 8.82 percent from previous year, rising from QR 293 to QR 319.

This indicates the sector is still facing strong demand and the 4th Quarter in 2013 is likely to show strong growth. Driving the tourism sector was increased exposure to the global economy, assisted by the arrival of companies and businesses supporting Qatar’s infrastructure development.

A varied range of events and activities in Qatar, and increased regional and international presence during the third quarter of 2013 also pushed growth in the leisure sector. These include the Eid Festival 2013, as well as performances of Cirque du Soleil at the Aspire Dome.

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