Qatar’s April hotel performance peaked during Eid al-Fitr

Qatar hotel performance jumped during Eid al-Fitr, according to April preliminary data from CoStar. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets.

Qatar hotel performance jumped during Eid al-Fitr, according to April preliminary data from CoStar. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets.

April 2024 (year-over-year % change):

  • Occupancy: 62.6% (+32.3%)
  • Average daily rate (ADR): QAR463.54 (+4.4%)
  • Revenue per available room (RevPAR): QAR290.14 (+38.1%)

Qatar saw its highest daily occupancy levels on Thursday, 11 April (90.9%) and Friday, 12 April (91.7%). The country recorded its highest ADR on the same two nights, at QAR753.42 and QAR760.29, respectively. RevPAR peaked on Friday, 12 April, at QAR696.92.

Year-over-year performance comparisons were affected by an earlier Ramadan compared with 2023. For more information about the company and its products and services, please visit www.costargroup.com.

Markets & Performance Markets & Performance Middle East Qatar

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...