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MENA Chain Hotels Market Review: Dubai hotels close 2014 with a 4.2% increase in profit margins.

Dubai’s four and five star hotels maintained strong performance levels during the month of December with revenue per available room (RevPAR) increasing by 2.2% to US$308.26.
The growth in rooms revenue was driven by a marginal growth in average room rate (ARR) which rose by 0.4% to US$375.11, coupled with a 1.4 percentage point increase in occupancy to 82.2%.

source: http://www.4hoteliers.com/news/story/13771?awsb_c=rss&awsb_k=xfeed