Global Travel Media » Blog Archive » STR: Preliminary August data for Jeddah hotels

Home » Hotel Trends » Currently Reading:

STR: Preliminary August data for Jeddah hotels

September 15, 2018 Hotel Trends No Comments Email Email

STR’s preliminary August 2018 data for Jeddah, Saudi Arabia, indicates strong demand and performance growth.http://www.itb-asia.com/press/media-services/accreditation/

Based on daily data from August, Jeddah reported the following in year-over-year comparisons:

  • Supply: +6.3%
  • Demand: +16.6%
  • Occupancy: +9.7% to 73.4%
  • Average daily rate (ADR): +9.6% to SAR1,350.97
  • Revenue per available room (RevPAR): +20.3% to SAR991.76

Significant growth in demand (room nights sold) helped pushed ADR and RevPAR to their highest absolute levels for any August in STR’s database.

STR will release full August results later this month.

Comment on this Article:







Time limit is exhausted. Please reload CAPTCHA.

Platinium Partnership

ADVERTISEMENTS

Elite Partnership Sponsors

ADVERTISEMENTS

Premier Partnership Sponsors

ADVERTISEMENTS

Official Media Event Partner

ADVERTISEMENTS

Global Travel media endorses the following travel publication

ADVERTISEMENTS

GLOBAL TRAVEL MEDIA VIDEOS

ADVERTISEMENTS