Qatar’s hotel performance surged in November 2024, driven by the Formula 1 Grand Prix and Hospitality Qatar, achieving record occupancy and revenues.
WASHINGTON – Qatar saw a spike in hotel performance helped by the Formula 1 Qatar Airways Grand Prix 2024, according to November preliminary data from CoStar. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets.
November 2024 (year-over-year % change):
Occupancy was the highest for any November since 2014.
Qatar posted its…
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