Doha hotels buck ME occupancy rate slump in July
Doha occupancy rises 9.5% while region's rates fell by 13.5 percent
Hotels in Qatar's capital city bucked the trend in the Middle East by posting a 9.5 percent occupancy rate rise in July, according to new data provided by STR Global.
Doha was the only city in the Middle East to post positive occupancy figures last month as the region saw rates slump by 13.5 percent.
In Doha, occupancy rates at hotels rose to 48.2 percent, STR Global said adding that the only other cities registering growth in the Middle East and Africa was Nairobi in Kenya.
Doha was one of only two Middle East cities to register growth in revenue per available room (RevPAR) during July.
RevPAR in hotels in Doha rose 2.5 percent to $83.96, the STR Global figures showed.
Hotels in Jeddah also posted RevPAR growth last month with a 6.3 percent increase to $203.68. Jeddah also reported the best performance in average daily rates which rose 13 percent to $258.81, achieving the only double-digit increase in that metric.
Overall, the region reported a 13.5 percent decrease in occupancy to 49 percent, a 5.6 percent increase in average daily rate to $147.82 and an 8.6 percent decrease in revenue per available room to $72.37.
Cairo, which has been hit by new unrest following the toppling of president Mohammed Mursi, saw occupancy rates fall 60.1 percent to 16.6 percent, while RevPAR fell 62 percent to $16.68.