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Email this article: Arab Spring one year on: Hotel demand remains under pressure
Posted: Fri February 10, 2012 2:31 pm
INTERNATIONAL. demand has yet to return to Egypt, Bahrain and the Levant region according to the 2011 year-end data from STR Global.
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SAUDI ARABIA. Saudi Arabia will need to keep cutting oil output to sustain prices above US$100 a barrel, according to BNP Paribas and Societe Generale; "We are swimming in crude, and they know that better than anyone because they are the biggest exporter."
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