By 2028, the average daily rate (ADR) was forecasted to reach above 180 U.S. dollars in the Gulf Cooperation Council (GCC). The average daily rate in the GCC region was showing signs of recovery post the COVID-19 outbreak.
Average daily rate of hotel rooms in the Gulf Cooperation Council from 2016 to 2022 with forecasts to 2028
(in U.S. dollars)
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Alpen Capital. (June 11, 2024). Average daily rate of hotel rooms in the Gulf Cooperation Council from 2016 to 2022 with forecasts to 2028 (in U.S. dollars) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1332752/gcc-hotel-adr/
Alpen Capital. "Average daily rate of hotel rooms in the Gulf Cooperation Council from 2016 to 2022 with forecasts to 2028 (in U.S. dollars)." Chart. June 11, 2024. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1332752/gcc-hotel-adr/
Alpen Capital. (2024). Average daily rate of hotel rooms in the Gulf Cooperation Council from 2016 to 2022 with forecasts to 2028 (in U.S. dollars). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1332752/gcc-hotel-adr/
Alpen Capital. "Average Daily Rate of Hotel Rooms in The Gulf Cooperation Council from 2016 to 2022 with Forecasts to 2028 (in U.S. Dollars)." Statista, Statista Inc., 11 Jun 2024, https://www.statista.com/statistics/1332752/gcc-hotel-adr/
Alpen Capital, Average daily rate of hotel rooms in the Gulf Cooperation Council from 2016 to 2022 with forecasts to 2028 (in U.S. dollars) Statista, https://www.statista.com/statistics/1332752/gcc-hotel-adr/ (last visited December 22, 2024)
Average daily rate of hotel rooms in the Gulf Cooperation Council from 2016 to 2022 with forecasts to 2028 (in U.S. dollars) [Graph], Alpen Capital, June 11, 2024. [Online]. Available: https://www.statista.com/statistics/1332752/gcc-hotel-adr/