Middle East hotels continue to register drop in RevPAR, ADR
However, Amman hotels registered an increase in performance indicators in April 2019
Hotels in the Middle East continued to record a drop in revenue per available room (RevPAR) and average daily rate (ADR) in April 2019, after ending Q1 2019 on a low.
According to data from STR, occupancy in the Middle East was on a rise, with an increase of 4.1% to 74.6%. However, ADR dropped by 7.1% to $148.28, while RevPAR dropped by 3.3% to $110.62.
Amman hotels record increase in ADR, RevPAR
Hotels in Amman recorded an increase in all their performance indicators, data by STR has revealed.
According to figures, occupancy and revenue per available room (RevPAR) were the highest for the month of April in Amman since 2014. While occupancy rates increased by 7.7% to 72.7%, average daily rate (ADR) rose by 1.2% to JOD 100.21 ($141.34). Meanwhile, RevPAR increased by 9.1% to JOD72.81 ($102.69).
According to officials from STR, these positive figures were drives by a number of events in the city including the
Amman Jazz Festival (19-23 April), the 11th Amman Contemporary Dance Festival (6-20 April) and the Brazilian Food Festival (24-27 April).
Dubai hotels’ performance witnessed a drop in April. ADR in April 2019 was AED493 ($134.22) in comparison to AED552 ($150.29) for the same period last year. Meanwhile, RevPAR was down to AED412 ($112.17) from AED475 ($129.32) last year.