Press Releases
November 24, 2024
Qatar’s hospitality sector sees improved occupancy, revenues
Doha, Qatar: Qatar has seen a significant growth in the hospitality sector evident by increase in tourist numbers. Approximately 90 percent of hotel rooms in Qatar are classed as four star or five-star, with most apartments being classed as ‘deluxe’. Hotel performance has been boosted somewhat in recent months by the increase in tourist numbers […] Continue reading
Read more November 24, 2024
Residential sales market sees upward trajectory in Qatar
Doha, Qatar: Qatar’s commitment to actively pursuing an economic diversification agenda has created several lucrative opportunities. The residential sales market in Qatar has grown since 2019 after the introduction of Law No. 16 of 2018 expanded the number of locations where property could be purchased by non-Qataris. This law has subsequently been supported by the […] Continue reading
Read more November 21, 2024
Office market sees increase in occupancy rates in Q3
Doha, Qatar: Qatar’s office space is currently witnessing a surge in demand as occupancy rates mount up across core prime localities during the third quarter. A report by Cushman and Wakefield signals that the market experiencing its highest level since 2015 in areas such as West Bay following a series of government or government-related lease […] Continue reading
Read more November 19, 2024
Quarterly Report Qatar Q3 2024: Hospitality Market Overview
Improved occupancy and revenues evident due to increase in tourist numbers throughout 2024 Hotel performance has been boosted somewhat in recent months by the increase in tourist numbers to Qatar. While Q3 was subject to the usual fall in arrivals due to the high summer temperatures, the official figures for the first six months of […] Continue reading
Read more November 19, 2024
Quarterly Report Qatar Q3 2024: Office Market Overview
Availability rates fall to their lowest level in Grade A buildings since 2015 Office occupancy in West Bay has climbed to its highest level since 2015 following a series of government/ government-related lease agreements in 2024. We estimate that approximately 130,000 sq m of gross leasable office space has been leased or reserved in 2024 […] Continue reading
Read more November 19, 2024
Quarterly Report Qatar Q3 2024: Retail Market Overview
Increasing gap in rental levels and occupancy between prime and secondary retail locations The supply of retail space in Doha’s 31 organized retail malls is approx. 1.6 million sq m, with an additional 0.15 million sq m in malls located in towns such as Al Wakra and Al Khor. In addition, more than 400,000 sq […] Continue reading
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