STR: April 2019 Middle East/Africa Hotel Performance
Hotels in the Middle East grew occupancy by 4.1% to 74.6% in April as ADR declined 7.1% to $148.28 and RevPAR decreased 3.3% to $110.62. Africa hotel occupancy rose 0.8% to 62.1%, ADR jumped 8.1% to $116.18 and RevPAR rose 9% to $72.15 for the month.
LONDON — Hotels in the Middle East reported mixed April 2019 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 2019 vs. April 2018
- Occupancy: +4.1% to 74.6%
- Average daily rate (ADR): -7.1% to US$148.28
- Revenue per available room (RevPAR): -3.3% to US$110.62
- Occupancy: +0.8% to 62.1%
- Average daily rate (ADR): +8.1% to US$116.18
- Revenue per available room (RevPAR): +9.0% to US$72.15
Local currency, April 2019 vs. April 2018
Cape Town, South Africa
- Occupancy: +8.5% to 62.2%
- ADR: +8.2% to ZAR1,631.71
- RevPAR: +17.3% to ZAR1,014.60
STR analysts note that the strong increases were due to the year-over-year comparison with a weak April 2018, which was impacted by the water crisis in the country. Oxford Economics' 2019 forecast for South Africa projects a 4.8% jump in overnight tourist arrivals to the country. However, the upcoming presidential elections may impact tourism arrivals in the short term.
- Occupancy: +7.7% to 72.7%
- ADR: +1.2% to JOD100.21
- RevPAR: +9.1% to JOD72.81
The occupancy and RevPAR levels were the highest for an April in Amman since 2014. Demand (+7.7%) was driven by the Amman Jazz Festival (19-23 April), the 11th Amman Contemporary Dance Festival (6-20 April) and the Brazilian Food Festival (24-27 April).
STR provides premium data benchmarking, analytics and marketplace insights for global hospitality sectors. 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. For more information, please visit str.com.
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