Middle East hotels record drop in ADR, RevPAR in Q1 2019
This year, occupancy rates rose by 0.9% when compared to the same period in 2018
Hotels across the Middle East have reported a drop in average room rate (ADR) and revenue per available room (RevPAR) in the first quarter of 2019, despite seeing a rise in occupancy, data from STR, Hotel Market Data & Benchmarking.
This year, occupancy rates rose by 0.9% to 71% when compared to last year. Meanwhile, ADR dropped by 8.8% to $148.43, in comparison to $158.96 in 2018. Data also revealed that RevPAR decreased by 7.9% to $105.33, a huge difference from $114.68 last year.
Hotels in Africa had a more positive growth. Occupancy rose by 1.2% to 59.4%, while ADR rose by 2.2% to $116.64 and RevPAR grew by 3.5% to $69.31.