Colliers International’s quarterly report ‘Doha Q3 2016 Review’ shows that despite the addition of several hundred new hotel rooms over the last year, the serviced apartment market has remained relatively stable compared to the hotel segment, and Qatar’s hotel market occupancy rate is forecast to close at 66 percent in 2016.

The report stated: ‘The serviced apartments concept continues to evolve and appeal to a wider target audience. Its strong resilience and limited presence in the market will appeal to hospitality developers and investors.’

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