Page 40 - Kuwait-Three-Years-Business-Outlook-2019-2020-2021
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INSIGHTS
Kuwait Hotel Profitability
01 Utilities recorded a 22% increase with other undistributed
expenses also consistently increasing in 2018. F&B related
expenses were reduced by -10% as efforts to streamline
operations and control costs continue in reaction to the current
state of the market.
02 Kuwait hotel GOPPAR has been in decline since 2015. This has
mainly been driven by decreasing revenues and increasing
undistributed expenses.
03 Hotel profitability continued to soften across the GCC in 2018.
Kuwait hotels recorded the biggest annual GOPPAR decline, -
9.5% with actual GOPPAR levels of 97.28 USD.
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