30.05.2012 - S.Arabia: Occupancy rates of furnished units, hotels over 60pct
The annual average room occupancy of Saudi hotels surged to 63 percent in 2011 compared to 59.2 percent in 2010 -- an increase of 3.8 percent, whereas occupancy rate of furnished apartment units stood at 68.3 percent compared to 54.2 percent, according to a report by the Tourism Information and Research Center (MAS), an affiliate of the Saudi Commission for Tourism and Antiquities (SCTA). According to MAS data, the total number of hotels in the Kingdom as classified by the SCTA stood at 951 in 2011...............................................Full Article: Source
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