STR: Jeddah hotels reported highest performance since September 2019
Jeddah’s hotel industry reported its highest performance levels since September 2019, according to preliminary May 2022 data from STR.
Jeddah’s hotel industry reported its highest performance levels since September 2019, according to preliminary May 2022 data from STR.
- Occupancy: 64.4%
- Average daily rate (ADR): SAR901.40
- Revenue per available room (RevPAR): SAR580.62
While the highest since September 2019, each of the key performance levels came in lower than the pre-pandemic comparables from May 2019: occupancy (-6.4%), ADR (-29.4%) and RevPAR (-33.9%).
All of STR’s COVID-19 analysis can be found here.