Saudi Arabian Grand Prix drove Jeddah hotel occupancy to an April high
Pushed by the Formula 1 Grand Prix, Jeddah’s hotel industry saw its highest April occupancy level on record, according to preliminary data from CoStar. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets.
ARLINGTON, Va. – Pushed by the Formula 1 Grand Prix, Jeddah’s hotel industry saw its highest April occupancy level on record, according to preliminary data from CoStar. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets.
April 2025 (year-over-year % change):
- Occupancy: 82.5% (+21.1%)
- Average daily rate (ADR): SAR833.79 (+9.6%)
- Revenue per available room (RevPAR): SAR688.23 (+32.7%)
In addition to occupancy, the market recorded its highest April RevPAR since 2014.
Jeddah’s highest daily occupancy (96.5%) was posted on Sunday, 20 April, marking the highest level in the market since June 2014. ADR (SAR 1,604.34) and RevPAR (SAR 1,527.74) peaked on the second night of the event (Saturday, 19 April) and were the highest in Jeddah since March 2024.
Overall, the market’s daily occupancy levels remained above 70% on all but three nights during the month.
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Additional Performance Data
CoStar’s world-leading hotel performance sample comprises more than 88,000 properties and 11.5 million rooms around the globe. Members of the media should refer to the contacts listed below for additional data requests.
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