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Hotels in Israel Suffer From Decreased Occupancy

According to the report provided by the Israel Hotel Association, in August 2011 international tourists spent 798,000 nights in hotels in Israel. This is 7% less than in August 2010.

The demand for hotels in Tel Aviv fell by 6%, while hotels in Jerusalem feature the decrease of 9%. Hotels in other cities of the country show improvements. Hotels in Tiberias feature the improvement of 19%, Netanya accommodations are 17% more popular, and Dead Sea hotels’ served 1% more guests.

The in-country tourism also doesn’t improve the situation. In August 2011 Israelis spent 4% less nights in the hotels of the country. This decreased the occupancy level, which fell by 6% and estimated 70%.

According to the representatives of the Hotel Association, the reason for this is in geopolitical events. The global economic crisis and the political unrest in the Middle East make tourists stay away from this region. However, such decrease has a timely basis as during January-August 2011 the occupancy has been almost the same with the previous year. The country’s hoteliers hope the situation will get back to normal during the rest of the year.

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