Hotels in the Middle East reported mostly negative February 2020 performance results, while hotels in Africa posted mixed results across the three key performance metrics, according to data from STR.
U.S. dollar constant currency, February 2020 vs. February 2019
Middle East
- Occupancy: -3.0% to 69.8%
- Average daily rate (ADR): -10.3% to US$133.40
- Revenue per available room (RevPAR): -13.0% to US$93.07
Africa
- Occupancy: -0.4% to 61.6%
- ADR: +1.4% to US$113.31
- RevPAR: +1.0% to US$69.78
February data had not yet shown the full COVID-19 impact on hotels across the region. STR continues to monitor the situation and issue preliminary data press releases, such as one specific to Dubai performance through 8 March. More information and analysis, including a recent Middle East & Africa webinar, can be found here.
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