ΔΙΕΘΝΗΣ ΕΛΛΗΝΙΚΗ ΗΛΕΚΤΡΟΝΙΚΗ ΕΦΗΜΕΡΙΔΑ ΠΟΙΚΙΛΗΣ ΥΛΗΣ - ΕΔΡΑ: ΑΘΗΝΑ

Ει βούλει καλώς ακούειν, μάθε καλώς λέγειν, μαθών δε καλώς λέγειν, πειρώ καλώς πράττειν, και ούτω καρπώση το καλώς ακούειν. (Επίκτητος)

(Αν θέλεις να σε επαινούν, μάθε πρώτα να λες καλά λόγια, και αφού μάθεις να λες καλά λόγια, να κάνεις καλές πράξεις, και τότε θα ακούς καλά λόγια για εσένα).

Παρασκευή 21 Αυγούστου 2020

STR: Middle East and Africa hotel performance for July 2020

 



Jabal Omar ends MoU on merger with Umm Al Qura

LONDON — Hotels in both the Middle East and Africa showed improved but low performance, according to July 2020 data from STR.

U.S. dollar constant currency, July 2020 vs. July 2019

Middle East

  • Occupancy: -41.8% to 35.3%
  • Average daily rate (ADR): -9.6% to US$106.93
  • Revenue per available room (RevPAR): -47.4% to US$37.70

Africa

  • Occupancy: -72.9% to 16.9%
  • ADR: -10.8% to US$93.98
  • RevPAR: -75.8% to US$15.91

Despite month-over-month improvements, both the Middle East and Africa saw their lowest absolute occupancy and RevPAR levels for any July on record.

Local currency, July 2020 vs. July 2019

United Arab Emirates

  • Occupancy: -40.7% to 37.8% 
  • ADR: -3.6% to AED326.98
  • RevPAR: -42.9% to AED123.44

Each of the three key performance metrics were up from June. The occupancy level was the highest in the UAE since March.

Saudi Arabia

  • Occupancy: -47.4% to 31.9% 
  • ADR: -12.9% to SAR520.11
  • RevPAR: -54.1% to SAR165.70

Saudi Arabia’s occupancy was slightly lower than June, but ADR and RevPAR were up month over month. The ADR level was the country’s highest for any month this year.


Tags: STR