Middle East hotels’ performance indicators drop, Africa rises in August
Occupancy in the Middle East dropped by 0.6% to 63.1%
Hotels in the Middle East recorded a drop in their occupancy rates, average daily rates (ADR) and revenue per available room (RevPAR), while Africa registered a growth across all its indicators in August 2019.
According to data by STR, occupancy in the Middle East dropped by 0.6% to 63.1%, ADR dropped by 6.8% to US$158.79, while RevPAR dropped by 7.3% to $100.23 in August 2019, when compared to the same period last year.
Hotels in Africa however witnessed a growth in all three indicators, with occupancy increasing by 0.3% to 63.2%, ADR going up by 3.4% to $109.54 and RevPAR rising by 3.7% to $69.25.