STR: Middle East and Africa hotel performance for August 2020

Hotels in both the Middle East and Africa showed continued improvements but overall low performance, according to August 2020 data from STR.

Hotels in both the Middle East and Africa showed continued improvements but overall low performance, according to August 2020 data from STR.

U.S. dollar constant currency, August 2020 vs. August 2019

Middle East

  • Occupancy: -32.5% to 42.6%
  • Average daily rate (ADR): -26.3% to US$115.46
  • Revenue per available room (RevPAR): -50.3% to US$49.23

Africa

  • Occupancy: -60.5% to 25.0%
  • ADR: -11.8% to US$95.75
  • RevPAR: -65.1% to US$23.91

Despite month-over-month improvements, both the Middle East and Africa saw their lowest absolute occupancy and RevPAR levels for any August on record.

Local currency, August 2020 vs. August 2019

Oman

  • Occupancy: -64.6% to 16.0%
  • ADR: -32.7% to OMR37.85
  • RevPAR: -76.2% to OMR6.06

Each of the three key performance metrics were up from July. The ADR level was the highest in Oman since March.

Qatar

  • Occupancy: -6.1% to 53.6%
  • ADR: +19.2% to QAR444.29
  • RevPAR: +11.9% to QAR238.16

Qatar saw its first year-over-year RevPAR increase since January 2020. The ADR level was the highest for any month in the country since July 2017.

Additional COVID-19 analysis
All of STR's COVID-19 analysis can be found here.

Markets & Performance Markets & Performance

CoStar Group is a global leader in commercial real estate information, analytics, online marketplaces, and 3D digital twin technology. Founded in 1986, CoStar Group is dedicated to digitizing the world’s real estate, empowering all people to discover properties, insights, and connections that improve their businesses and lives. CoStar Group’s major brands include CoStar, a leading global provider of commercial real estate data, analytics, and...