Hotels in the Middle East reported occupancy fell 51.5% to 35.6% in March as ADR dipped 19.3% to $114.88 and RevPAR dropped 60.8% to $40.86. Africa's hotels saw occupancy similarly decrease 51.6% to 31.1%, ADR decline 6.4% to $102.09 and RevPAR decrease 54.7% to $31.72.
LONDON—Showing the impact of the COVID-19 pandemic, hotels in the Middle East and Africa reported steep declines across the three key performance metrics in March 2020, according to data from STR.
U.S. dollar constant currency, March 2020 vs. March 2019
• Occupancy: -51.5% to 35.6%
• Average daily rate (ADR): -19.3% to US$114.88
• Revenue per available room (RevPAR): -60.8% to US$40.86
• Occupancy: -51.6% to 31.1%
• ADR: -6.4% to US$102.09
• RevPAR: -54.7% to US$31.72
Both the Middle East and Africa saw their lowest absolute occupancy and RevPAR levels for any month on record.
Local currency, March 2020 vs. March 2019
United Arab Emirates
• Occupancy: -49.2% to 41.4%
• ADR: -27.6% to AED411.92
• RevPAR: -63.2% to AED170.57
The absolute occupancy level was the lowest for any month in STR’s United Arab Emirates database. Key markets in the country, Abu Dhabi and Dubai, recorded steep declines in occupancy, -35.6% and -54.7%, respectively.
• Occupancy: -45.1% to 37.0%
• ADR: -4.4% to ZAR1,264.83
• RevPAR: -47.5% to ZAR468.02
The absolute occupancy level was the lowest for any month in STR’s South Africa database. At the market-level, Cape Town experienced a drop in occupancy of 46.5%.
Additional COVID-19 analysis
STR continues to monitor the COVID-19 impact on global hotel performance. More information, such as full analysis pieces and webinar recordings, can be found here.
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