STR: Middle East and Africa hotel performance for July 2020
Hotels in both the Middle East and Africa showed improved but low performance, according to July 2020 data from STR.
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.
Additional COVID-19 analysis
All of STR's COVID-19 analysis can be found here.
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