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Source MKG Hospitality Database – ADR & REVPAR are without taxes 08/2011 - Algeria : OR 34.9% ; ADR 167.5$ ; REVPAR 58.5 / Austria : OR 74.9% ; ADR 121.5$ ; REVPAR 91.1 / Bahrain : OR 28.4% ; ADR 161.5$ ; REVPAR 45.9 / Belgium : OR 67.7% ; ADR 99.9$ ; REVPAR 67.7 / Egypt : OR 46.5% ; ADR 63.9$ ; REVPAR 29.7 / France : OR 69.2% ; ADR 111.6$ ; REVPAR 77.3 / Germany : OR 64.2% ; ADR 97.6$ ; REVPAR 62.6 / Italy : OR 56.1% ; ADR 157.1$ ; REVPAR 88.2 / Jordan : OR 35.5% ; ADR 118.3$ ; REVPAR 42.0 / Kingdom of Saudi Arabia : OR 63.4% ; ADR 338.6$ ; REVPAR 214.7 / Kuwait : OR 39.8% ; ADR 192.4$ ; REVPAR 76.7 / Lebanon : OR 38.0% ; ADR 194.4$ ; REVPAR 73.8 / Luxembourg : OR 73.9% ; ADR 97.7$ ; REVPAR 72.2 / Malta : OR 90.2% ; ADR 168.5$ ; REVPAR 151.9 / Morocco : OR 33.6% ; ADR 125.8$ ; REVPAR 42.2 / Oman : OR 37.2% ; ADR 133.7$ ; REVPAR 49.6 / Poland : OR 64.7% ; ADR 76.8$ ; REVPAR 49.6 / Portugal : OR 79.1% ; ADR 125.4$ ; REVPAR 99.2 / Qatar : OR 41.7% ; ADR 183.0$ ; REVPAR 76.2 / South Africa : OR 50.2% ; ADR 132.9$ ; REVPAR 66.8 / Spain : OR 72.9% ; ADR 125.4$ ; REVPAR 91.5 / Switzerland : OR 69.9% ; ADR 149.8$ ; REVPAR 104.6 / The Netherlands : OR 70.4% ; ADR 114.9$ ; REVPAR 81.1 / Tunisia : OR 49.5% ; ADR 112.5$ ; REVPAR 55.7 / Turkey : OR 59.0% ; ADR 190.1$ ; REVPAR 112.1 / United Arab Emirates : OR 48.6% ; ADR 121.1$ ; REVPAR 58.9 / United Kingdom : OR 78.1% ; ADR 100.7$ ; REVPAR 78.7 / Yemen : OR 15.7% ; ADR 85.9$ ; REVPAR 13.5 / Source MKG Hospitality Database – ADR & REVPAR are without taxes
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by : Hospitality ON® the 19/02/2012 14h42

Maldives unrest hurting tourism

Political unrest in the Maldives is estimated to cost US$100 million in lost revenue, according to the Maldives Association of Tourism Industry.

AFP reports that "The Maldives stands to lose over $100 million in revenue due to the cancellation of visitor bookings after a wave of political unrest, the tourism industry said Wednesday.

International media coverage of weeks of violent street unrest has disrupted tourism, the economy’s main source of revenue, the Maldives Association of Tourism Industry (MATI) said.

"Potential visitors are questioning the safety and security in the island nation, as the political turmoil in the Maldives makes headlines in the international media," MATI said in a statement.

The nation of 1,192 tiny coral islands has established up-market resorts in 100 islets catering to well-heeled holiday makers and honeymooners who pay up to $12,500 a night.

Resorts have reported "over 500 booking cancellations" in the past few days, MATI said estimating losses at "$100 million over the next six months."

The organisation said political rhetoric was fuelling fear among holidaymakers.

"Allegations of installing an Islamic regime, a possible enactment of full Sharia law and anti-Semitic remarks made by politicians at public gatherings have also caught (attention of) the international press."

Last Tuesday, protesters backed by mutinous police toppled president Mohamed Nasheed, after weeks of unrest.

However, foreign visitors have little contact with locals and holidaymakers are whisked from the main airport island to the resorts on outlying islands."

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