"The occupancy rate
may not be a barometer as obvious as their apartment-selling performance, but it is one of the key factors affecting their earnings," another construction firm official said.
With 892 beds and a 98 per cent occupancy rate
, these properties are the only off-campus, purpose-built, student housing facilities in the nerby area.
As of Thursday, and with under a week left before the first day of Eid, occupancy rates
at Hotel Cavalier had not exceeded 60-70 percent, whereas previous years would have been fully booked by this time, Nasser el-Dine said.
"We note that despite these apparent headwinds, hotel occupancy rates
remain near recent highs (88.4 per cent in February 2013).
Go to liverpool echo.co.uk Arrowe Park and Clatterbridge hospitals were also down to single figures in the last two weeks of January, with a combined nine empty beds - a 98.9% occupancy rate
MGM Grand Sanya registered an average occupancy rate
of approximately 71% and an around 13% growth in RevPAR (revenue per available room) as compared with that for the same period in last year; the St.
The electricity consumption demonstrates a significant positive correlation (63% ~ 69%) with the occupancy rates
in the different types of buildings.
There were no noticeable changes in Egypt, where cities such as Cairo, Sharm El-Sheikh and Hurgada remained stable in their overall occupancy rates
, with Cairo's occupancy rising seven per cent year-to-date, Sharm El Shaikh's occupancy grew 12 per cent year-to-date, and Hurghada's occupancy rate
grew eight per cent year-to-date.
Cardiff's hotel occupancy rate
for August was 75%, an increase of just under 5% year on year, generating an increase in revenue of 26%.
In Oman, occupancy rates
are expected to increase from 53 per cent in 2011 to 58.6 per cent by 2016.
In June 2012, Bulgaria topped the Eurostat ranking for net occupancy rates
in hotels and similar establishments, scoring 89.4%.
According to the new data, Bahrain's hotel occupancy rates
more than doubled in March compared to March last year.