Hotels in both the Middle East and Africa recorded their highest absolute occupancy level since February, according to October 2020 data from STR, a leading provider of market data on the hotel industry worldwide.
Middle East hotels recorded an occupancy increase of 44.2% during the month, but year-on-year figures were down 33.8%.
Average daily rate (ADR) reached $108.47 in October, down 23.2% from October 2019, while revenue per available room (RevPAR) was $47.96, a decline of 49.2% from October 2019.
Hotels in Africa posted occupancy rise of 28.6% during October, but against year-on-year, it was down 56.3%.
ADR reached $101.71, down 3.5% from October 2019 and RevPAR was $29.08, a year-on-year drop of -57.8%.
Hotels in Qatar posted occupancy rise of 56.6% during October, but against year-on-year, it was down 22.6%.
ADR reached QAR361.59 ($98.45), down 6.3% from October 2019 and RevPAR was QAR204.58, a year-on-year drop of 27.5%.
Qatar’s occupancy was slightly lower than September, but ADR and RevPAR were up from the month prior.
Hotels in the UAE posted occupancy rise of 52.7% during October, but against year-on-year, it was down 31.5%.
ADR reached AED358.69 ($97.6), down 33.2% from October 2019 and RevPAR was AED189.19, a year-on-year drop of 54.2%.
Each of the three key performance metrics was up from previous months. The occupancy and RevPAR levels were the highest in the UAE since February. – TradeArabia News Service