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MENAFN - 24/02/2014

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(MENAFN) US-based hotel group Marriott announced that its revenue per available room (RevPAR) in the Middle East and Africa (MEA) region increased by over 8 percent in 2013, Arabian Business reported.

Marriott's RevPAR in the MEA region, excluding Egypt, surged 8.1 percent as average occupancy rates increased 0.9 percent. Average daily rates (ADR) for the group in the region went up 6.6 percent in the year.

RevPAR for the group during the last quarter of 2013, however, fell 3 percent from the same quarter a year before due to a 1.2 percent increase in ADR and a drop of 1.3 percent in occupancy.

President and managing director of Marriott International, Middle East and Africa, said: "Throughout the year Marriott International has succeeded in expanding its footprint and our growing portfolio is reflecting positively in our results."

 






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