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Middle East and Africa hotel performance for November 2020

December 24, 2020 Hotel Trends No Comments

Hotels in the Middle East recorded their highest absolute occupancy level since February, while Africa hotels saw slightly lower occupancy than the previous month, according to November 2020 data from STR.

US$ constant currency, November 2020 (percentage change from November 2019)

Middle East

  • Occupancy: 46.9% (-34.4%)
  • Average daily rate (ADR): US$107.98 (-24.9%)
  • Revenue per available room (RevPAR): US$50.63 (-50.7%)

Africa

  • Occupancy: 27.8% (-58.7%)
  • ADR: US$92.40 (-13.3%)
  • RevPAR: US$25.73 (-64.2%)

Local currency, November 2020 (percentage change from November 2019)

Oman

  • Occupancy: 24.1% (-66.0%)
  • ADR: OMR33.81 (-45.2%)
  • RevPAR: OMR8.15 (-81.4%)

Oman’s occupancy and RevPAR levels were its highest since March, while ADR was slightly lower than October.

Saudi Arabia

  • Occupancy: 34.7% (-38.7%)
  • ADR: SAR498.11 (+5.2%)
  • RevPAR: SAR172.70 (-35.5%)

Each of the three key performance metrics were up from October levels. Monthly ADR increased year over year for the first time since April.

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