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Hotels in the Middle East reported declines in a number of measures during the first quarter (Q1) of this year compared to the same period in 2016, including an 8.2 percent drop in RevPAR to USD122.07, as revealed by STR.

Marriott International has announced that it will unveil its financial results for the fourth quarter (Q4) 2016 on February 15 via a conference call.

European Commission's (EC) 2016 assessment has revealed that Europe is on track to meeting its 2020 target of increasing its energy efficiency by 20 percent.