According to hospitality data provider STR, among the key hotel markets in Middle East and Africa, Jordan and Qatar realised the only month-over-month gross operating profit per available room (GOPPAR) improvements in May.
Jordan’s GOPPAR level reached $66.77 in May, showing a significant month-over-month increase of +34.1%. That level was 106% of what was seen in May 2022, but was down from the 369% index reported in April.
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Qatar reached a GOPPAR of $37.95, down 20.9% year over year. The market, however, saw a month-over-month jump of 39.0% and was one of the only markets to show an improvement in the index (at 79% of May 2022 levels).
Saudi Arabia ($71.75) was the only other market to show a higher GOPPAR index over the previous month, at 102% of the 2022 comparable.
Saudi Arabia was the top outbound destination for travellers from Jordan and Qatar in 2022.
According to GlobalData, the most popular destinations for the Saudi Arabia’s travellers include Kuwait, UAE, Bahrain, and Egypt, among others. Additionally, international arrivals in Saudi Arabia grew by 293.1% in 2022, while international departures increased 67.9%.
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By GlobalData
