Middle East hotels record decline in REVPAR and ADR
Hotels in Africa record increase in all performance indicators
Hotels in the Middle East have recorded mixed results in their performance in July, data from STR revealed.
While occupancy rates rose by 3% to 60.8% when compared to July 2018, average daily rate (ADR) dropped by 5 % to US$119.26 and revenue per available room (RevPAR) decreased by 2.1% to $72.51 in comparison to last year.
Hotels in Africa recorded a growth in all their performance indicators with occupancy rising by 1% to 62.6%, ADR increased by 4.8% to $106.94 and RevPAR rose 5.8% to $66.99.