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August 24, 2011

Mixed results for Middle East / Africa hotel industry

The Middle East / Africa hotel industry reported a 1.2% decrease in occupancy to 60% during July 2011, according to data by STR Global. The region recorded a 1% decline in its average daily rate (ADR) and a 2.2% fall in revenue per available room (revPAR). Dubai, Jeddah and Ab

By cms admin

The Middle East / Africa hotel industry reported a 1.2% decrease in occupancy to 60% during July 2011, according to data by STR Global.

The region recorded a 1% decline in its average daily rate (ADR) and a 2.2% fall in revenue per available room (revPAR).

Dubai, Jeddah and Abu Dhabi reported double-digit occupancy increases, with 17.6% to 77.9%, 16.1% to 78.3% and 14.5% to 59.3%, respectively.

The largest occupancy decreases for July were registered by Cairo with a 36.7% drop to 40.9% and Sandton, South Africa, with a 17.2% fall to 55.9%.

Dubai’s ADR increased by 4.5% and Jeddah’s rose by 4%, the largest increases in the metric, while Cape Town and Sandton reported ADR declines of 39.2% and 39%, respectively.

Dubai posted a 22.8% rise in revPAR and Jeddah posted 20.8%, the largest increases in the metric, while Sandton registered a 49.5% fall.

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