New Conference Bench Training Offer: 10th December @ the QEII

The Conference Bench is pleased to promote Revenue By Design's
 A Revenue Management Workshop for The Meetings and Events Industry :

Revenue by Design are running a one day Revenue Management workshop at the QEII on December 10^th designed for delegates from Venues in London and the South East. This practical workshop aims to equip all the attendees with knowledge of the principles of Revenue Management. Each delegate will get the opportunity to identify their property’s key selling points, assess the competition, correctly position themselves in the market and recognise the best channels to enhance. Coaching is given on how to understand, analyse and forecast demand, thereby creating opportunities to maximize revenues. The cost is £295 + VAT per delegate, to book a place or find out more information,

please contact  jane@revenuebydesign.co.uk or call Jane on 07773 362770.

I will be there with a review of the London Market. Look forward to seeing you all there!

Middle East Market Data, RevPAS and Occupancy - October 2010.

Please find below our Middle Eastern Market Data for October - We see all three markets here come back strongly in October, with all three sitting at very similar occupancy. An interesting spike here is for Doha in September -outperforming the other 2 markets significantly. Please Click each image to Enlarge!

Dubai - Year to Year Update; RevPAS & Occupancy Comparison for October.

James is back with some more year to year data to share with you all; We now have a grand total of 17 participating hotels in Dubai that complete The Conference Bench, so we are very excited to see how this dynamic, vibrant market is doing year to year..  

In a market where new supply seems to be never-ending, the good news is that the market for October has been fairly stable:

RevPAS - Down by only -6.28% to AED 23.10  per available Square Meter. Interestingly this is markedly split between the midweek and the weekend:

Midweek - Down by - 9.56% to AED 25.08
Weekend - Up by +10.67% to AED 18.95

Occupancy - up by 4.88% overall, and this was the big driver of the increase in weekend Revenue in the city:

Midweek - Up by + 1.19% to 55.10%
Weekend - Up by a whopping +20.34% to 38.48%!

What is driving this big increase in weekend business in the market? I will do some investigation and post back here!

In a market that has so much meeting space,and competition is so fierce, it is heartening to see Dubai hold steady year to year for a particularly busy month - especially seeing a strong weekend business increase. Lets hope this can be turned into small growth as the next two months roll in!

As ever - let us know if you have any questions, or would like some more detailed data!