Middle East Hotels Record Drop In ADR, RevPAR In 2019
Africa posted positive results across three of its key performance metrics
- Jan 23, 2020
Courtesy: Priyanka Praveen/ News Source: hoteliermiddleeast.com
In 2019, hotels in the Middle East recorded a drop in their revenue per available room (RevPAR) and average daily rate (ADR), however occupancy rose, data from STR revealed.
Occupancy saw a 2.3% rise to 66.2%, while ADR dropped by 7.2% to US$143.70, RevPAR dropped by 5.1% to $95.09. Africa on the other hand recorded positive results across three key performance metrics
Occupancy rose by 1.1% to 61.3%, while ADR rose by 1.5% to $109.33 and RevPAR recorded a rise of 2.6% to $67.00.
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