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In 2016, profit per room at Kuwait properties fell 18.7 percent when compared to 2016.

While addresses managed to maintain achieved average room rate, this was at the expense of a 3.7 percentage point year-on-year decrease in occupancy during the first half of 2016.

In the second quarter of 2016, the strategic rate reduction enabled hoteliers to recover loss and report a 3.2 percentage point rise in occupancy, which reached 47.4 percent.

In particular, the commercial segment suffered during 2016, with residential conference declining 15.5 percent yearon- year, along with an 11.9 percent plummet in the corporate segment.

Furthermore, ancillary revenues also decreased, comprising just 46.1 percent of total revenue, compared to 54.1 percent in 2015.