• Mauritius ADR and RevPAR highest for any April on record
  • Makkah occupancy level lowest since 2010
  • Tunisia performance surges despite supply growth

LONDON – Hotels in the Middle East reported negative April 2018 performance results, while hotels in Africa posted growth across the three key performance metrics, according to data from STR.

U.S. dollar constant currency, April 2018 vs. April 2017

Middle East

  • Occupancy: -4.4% to 72.0%
  • Average daily rate (ADR): -4.5% to US$163.76
  • Revenue per available room (RevPAR): -12.1% to US$115.45

Africa

  • Occupancy: +6.3% to 61.8%
  • Average daily rate (ADR): +4.0% to US$119.79
  • Revenue per available room (RevPAR): +10.5% to US$73.99

Local currency, April 2018 vs. April 2017

Mauritius

  • Occupancy: -9.5% to 74.6%
  • Average daily rate (ADR): +12.8% to MUR8,471.64
  • Revenue per available room (RevPAR): +2.1% to MUR6,318.73

STR analysts note that the absolute ADR and RevPAR levels were the highest for any April on record in Mauritius. The year-over-year ADR growth was the sole driver of RevPAR, as a decline in demand (-8.6%) lowered occupancy.

Makkah

  • Occupancy: -12.2% to 66.4%
  • ADR: -17.9% to SAR387.12
  • RevPAR: -27.9% to SAR257.23

STR analysts note that the absolute occupancy level was the lowest for an April since 2010, while absolute ADR was the lowest for the month since 2007. Significant supply growth (+6.2%) has been the main driver of negative performance in the market. Until a 6.7% demand decrease in April, the market had reported four consecutive months of demand growth.

Tunisia

  • Occupancy: +7.7% to 53.8%
  • ADR: +17.2% to TND170.73
  • RevPAR: +26.2% to TND91.91

A 1.3% increase in supply is the highest for any month in Tunisia since November 2007. At the same time, the absolute ADR and RevPAR levels were the highest for any April on record in the country. The occupancy level was the highest for an April since 2009. STRanalysts credit the boost in performance to increased tourism in the market.

About STR

STR provides premium data benchmarking, analytics and marketplace insights for the global hospitality industry. Founded in 1985, STR maintains a presence in 15 countries with a corporate North American headquarters in Hendersonville, Tennessee, an international headquarters in London, and an Asia Pacific headquarters in Singapore. STR was acquired in October 2019 by CoStar Group, Inc. (NASDAQ: CSGP), the leading provider of commercial real estate information, analytics and online marketplaces. For more information, please visit str.com and costargroup.com.

Alex Anstett
Media & Communications Coordinator - STR
STR

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