STR: Preliminary July Data For Jeddah Hotels
Jeddah's hotel industry reported improved but low performance levels during July 2020, according to preliminary data from STR.
LONDON - Jeddah's hotel industry reported improved but low performance levels during July 2020, according to preliminary data from STR.
Compared with July 2019:
- Occupancy: -57.9% to 32.1%
- Average daily rate (ADR): -36.8% to SAR769.35
- Revenue per available room (RevPAR): -73.4% to SAR247.17
Showing continued early recovery from the impact of the COVID-19 pandemic, each of Jeddah's three performance metrics were up from June. The ADR level was the highest for any month in the market since October 2019, while the RevPAR level was the highest since February 2020.
All of STR's COVID-19 analysis can be found here.
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