STR: Preliminary September data for Riyadh hotels
Riyadh’s hotel industry reported mixed performance in comparison with recent months, according to preliminary September 2021 data from STR.
LONDON - Riyadh’s hotel industry reported mixed performance in comparison with recent months, according to preliminary September 2021 data from STR.
- Occupancy: 59.0%
- Average daily rate (ADR): SAR520.78
- Revenue per available room (RevPAR): SAR307.46
Absolute occupancy fell slightly from August (60.5%), but the ADR level was the market’s highest since May and the RevPAR level was the highest since June. For context, pre-pandemic comparables from September 2019 were 62.1% occupancy, SAR553.14 ADR and SAR343.47 RevPAR.
All of STR’s COVID-19 analysis can be found here.
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