GCC Countrywide Hotel Performance Indicators

HVS | October 16, 2018

GCC countries have supported and grown inbound tourism in the last 15-20 years. The GCC region continues to drive growth and investment opportunities and HVS remain confident that accommodated room night demand will grow despite the aggressive development pipeline. GCC Countrywide Occupancy Historic (1998-2017) and Forecast – 5 Year Average 5 Year Average GCC Countrywide Occupancy with HVS Forecast Source: HVS Research A number of demand generators will induce additional room nights in each of the GCC countries over the next 5 and 10 years. Specifically, we forecast occupancy in Qatar to average 66% on account of the ongoing deve...