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

Middle east, Str, Revpar, Occupancy rates, Adr

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.

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However, Bahrain and Egypt recorded positive numbers in occupany rates, ADR and RevPAR. 

Also read: IHG reports Q1 RevPAR decline in Middle East, drop of 4% registered.

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