During April 2017, hotels in the Middle East saw occupancy increase 7.3% to 75.7%, ADR increase 2.8% to $176.60 and RevPAR increase 10.3% to $133.75. Africa’s hotels reported occupancy rose 5.3% to 58.2%, ADR climbed 11.6% to $108.40 and RevPAR jumped 17.6% to $63.11.
U.S. dollar constant currency, April 2017 vs. April 2016
- Occupancy: +7.3% to 75.7%
- Average daily rate (ADR): +2.8% to US$176.60
- Revenue per available room (RevPAR): +10.3% to US$133.75
April marked the first month since September 2014 that the Middle East registered year-over-year increases in each of the three key performance metrics.
- Occupancy: +5.3% to 58.2%
- Average daily rate (ADR): +11.6% to US$108.40
- Revenue per available room (RevPAR): +17.6% to US$63.11
Local currency, April 2017 vs. April 2016
- Occupancy: +16.2% to 69.5%
- ADR: +1.2% to KWD69.84
- RevPAR: +17.6% to KWD48.53
This was the first month of ADR growth for Kuwait hotels since July 2016. STR analysts note that daily results showed considerable year-over-year increases in occupancy during the first 10 days of the month as Saudi Arabia school holidays drove an increase in leisure travelers to Kuwait.
- Occupancy: +15.4% to 68.1%
- ADR: +5.7% to OMR67.06
- RevPAR: +22.0% to OMR45.69
Performance was boosted by the Oman Pediatric & Neonatal Conference, held 13-15 April in Muscat. Oman’s RevPAR increased more than 40% each day during the event. For the entire month, hotels in Regional Oman managed to outperform the capital by posting 43.6% growth in RevPAR. STR analysts attribute this to a significant increase (+91.5%) in group demand (bookings of 10 or more at once).
United Arab Emirates
- Occupancy: +7.2% to 83.5%
- ADR: +6.3% to AED705.32
- RevPAR: +13.9% to AED588.64
STR analysts note that Emirates hotels experienced considerable uplift in transient demand. At the market level, Dubai recorded a 17.6% increase in RevPAR, compensating for a 6.5% RevPAR decline in Abu Dhabi. Significant growth was seen in the Upscale and Upper Midscale classes.