Hotels in the Middle East reported mixed Q3 2019 performance results with hotels in Bahrain's capital reporting noticeably high occupancy, according to data from STR.
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Meanwhile, hotels in Africa posted increases across the three key performance metrics, it said
The occupancy levels in the Middle East increased 2.4% to 62.2% compared to the same period in 2018. The average daily rate (ADR) dropped by 6.7% to $131.49, while revenue per available room (RevPAR) fell by 4.5% to $81.80
In Africa, the occupancy increased 1.0% to 64; ADR rose 3.5% to $105.43 and RevPAR jumped 4.5% to $67.53.
Hotels in Bahrain capital Manama reported an increase of 3.8% in occupancy to 55.5%; rise in ADR of 0.2% to BD58.59 and RevPAR growth of 4.1% to BD32.51.
The absolute occupancy level was the highest for a third quarter in Manama since 2010, while the ADR level was the second-lowest for a Q3 since 2008. STR analysts note that August was the strongest month of the quarter when looking at absolute values: occupancy (59.3%), ADR (BD61.33) and RevPAR (BD36.38).
In Doha Centre, Qatar, occupancy jumped 9.0% to 63.1%, while ADR dropped by 0.7% to QR261.51 and RevPAR increased 8.2% to QR165.03.
The absolute occupancy level, driven by a 17.2% increase in demand, was the highest for a Q3 in Doha since 2014. When looking at individual months, September was Doha’s first month with a year-over-year increase in ADR since January 2015. STR analysts note that steady double-digit increases in demand have helped raise pricing confidence in the state.
STR provides premium data benchmarking, analytics and marketplace insights for global hospitality sectors. Founded in 1985, STR maintains a presence in 15 countries with a corporate North American headquarters in Hendersonville, Tennessee, an international headquarters in London, and an Asia Pacific headquarters in Singapore.
