Because of the continued limitations and concerns around the COVID-19 pandemic, Jeddah's hotel industry reported its lowest overall performance on record, according to preliminary April data from STR. Compared with April 2019:
Reflecting the circumstances around the COVID-19 pandemic, STR's preliminary March data for Abu Dhabi shows significant year-over-year declines in the three key performance metrics. Compared with March 2019 data:
STR's preliminary data for Dubai shows hotel performance declines worsening as concern around the COVID-19 pandemic broadens. February preliminary data:
Dubai: Emaar Hospitality said it will stop bookings at some of its hotels between March 15 and August 31 amidst a general slowdown in the travel industry due to the coronavirus spread.
From a tourism sustainability point of view, the coronavirus is both a blessing and a curse. On the bright side, it forces organizations to think about different (smarter?) ways to do business, making use of virtual options that do not require travel.
STR's preliminary January 2020 data for hotels in Jeddah indicates significant growth in demand and occupancy. Based on daily data from the month, Jeddah reported the following in year-over-year comparisons:
STR's preliminary December 2019 data for Abu Dhabi, United Arab Emirates, indicates strong room rates despite weakened demand.
Hotel bookings made well in advance, and some made at the very last minute, all culminated in hotels across the UAE posting record occupancy rates for New Year's Eve - a momentum that many hospitality experts say will carry over into the new year as the UAE gets ready to host Expo 2020 Dubai.
STR's preliminary November 2019 data for Dubai, United Arab Emirates, indicates strong demand but declining rates.Based on daily data from November, Dubai reported the following in year-over-year comparisons:
STR's preliminary September 2019 data for Abu Dhabi, United Arab Emirates, indicates significant growth in demand due to a strong events calendar. Based on daily data from September, Abu Dhabi reported the following in year-over-year comparisons:
STR's preliminary August 2019 data for Dubai, United Arab Emirates, indicates significant growth in both supply and demand. Based on daily data from August, Dubai reported the following in year-over-year comparisons:
Hotels in Israel saw another record performance in 2018 as the country experienced a lull in geo-political turmoil and a rise in incoming tourist numbers, according to our new report. Over the past few years, Israel has seen significant growth in its tourism sector. In 2017, the country welcomed well in excess of 3 million tourists for the first time in its history. In 2018, that number rose to 4.1 million, a year-on-year increase of more than 14%.
STR's preliminary July 2019 data for Jeddah, Saudi Arabia, indicates high occupancy but double-digit rate declines due to comparison with a strong 2018. Based on daily data from July, Jeddah reported the following in year-over-year comparisons:
STR's preliminary June 2019 data for Abu Dhabi, United Emirates, indicates high performance due to double-digit demand growth.Based on daily data from June, Abu Dhabi reported the following in year-over-year comparisons:
STR's preliminary May 2019 data for Jeddah, Saudi Arabia, indicates low performance consistent with the time of Ramadan.
STR's preliminary April 2019 data for Abu Dhabi, United Arab Emirates, indicates high demand and occupancy levels. Based on daily data from April, Abu Dhabi reported the following in year-over-year comparisons:
STR's preliminary March 2019 data for Jeddah, Saudi Arabia, indicates a drop in room rates during low occupancy season.
STR's preliminary February 2019 data for Abu Dhabi, United Arab Emirates, indicates lower occupancy but significantly higher room rates. Based on daily data from February, Abu Dhabi reported the following in year-over-year comparisons:
Hotels in the Middle East reported negative January 2019 performance results, while hotels in Africa posted growth across the three key performance metrics, according to data from STR.U.S. dollar constant currency, January 2019 vs. January 2018Middle East
STR's preliminary January 2019 data for Dubai, United Arab Emirates, indicates performance affected by a continued influx of new room inventory. Based on daily data from January, Dubai reported the following in year-over-year comparisons: