According to STR, hotels across the Middle East reported mixed Q1 2018 performance results, while hotels in Africa posted growth across the three key performance metrics.
A government-led delegation of UK investors and developers are set to visit the Middle East to strike deals with investors as they continue to plough their wealth into the UK post-Brexit.
Arabtec Holding has signed a $40 billion deal with Egypt to construct one million middle-income homes.
The Middle East/Africa region had the highest average revenue per available room at $120.88 in October.