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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. The combination of accelerating US supply, weaker than expected global demand, stabilization in geopolitics, and an appreciation of the dollar, led to oil prices dropping to an average of US$102 per barrel, according to the latest Jadwa Investment Global Oil Market Update.
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