By 2026, the average daily rate (ADR) was forecasted to reach above 150 U.S. dollars in the Gulf Cooperation Council (GCC). The average daily rate in the GCC region was expected to recover post the COVID-19 outbreak over the next couple of years.
Average daily rate of hotel rooms in the Gulf Cooperation Council from 2016 to 2021 with forecasts to 2026
(in U.S. dollars)
Characteristic
Average daily rate in U.S. dollars
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Alpen Capital. (August 3, 2022). Average daily rate of hotel rooms in the Gulf Cooperation Council from 2016 to 2021 with forecasts to 2026 (in U.S. dollars) [Graph]. In Statista. Retrieved June 18, 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 2021 with forecasts to 2026 (in U.S. dollars)." Chart. August 3, 2022. Statista. Accessed June 18, 2024. https://www.statista.com/statistics/1332752/gcc-hotel-adr/
Alpen Capital. (2022). Average daily rate of hotel rooms in the Gulf Cooperation Council from 2016 to 2021 with forecasts to 2026 (in U.S. dollars). Statista. Statista Inc.. Accessed: June 18, 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 2021 with Forecasts to 2026 (in U.S. Dollars)." Statista, Statista Inc., 3 Aug 2022, 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 2021 with forecasts to 2026 (in U.S. dollars) Statista, https://www.statista.com/statistics/1332752/gcc-hotel-adr/ (last visited June 18, 2024)
Average daily rate of hotel rooms in the Gulf Cooperation Council from 2016 to 2021 with forecasts to 2026 (in U.S. dollars) [Graph], Alpen Capital, August 3, 2022. [Online]. Available: https://www.statista.com/statistics/1332752/gcc-hotel-adr/