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STR: EMEA and Central/South America hotel performance for August 2020

Hotel Maritim Berlin.

Despite month-over-month improvements, both the Middle East and Africa saw their lowest absolute occupancy and RevPAR levels for any August on record.

LONDON – Hotels in both the Middle East and Africa showed continued improvements but overall low performance, according to August 2020 data from STR.

U.S. dollar constant currency, August 2020 vs. August 2019

Middle East

  • Occupancy: -32.5% to 42.6%
  • Average daily rate (ADR): -26.3% to US$115.46
  • Revenue per available room (RevPAR): -50.3% to US$49.23

Africa

  • Occupancy: -60.5% to 25.0%
  • ADR: -11.8% to US$95.75
  • RevPAR: -65.1% to US$23.91

Despite month-over-month improvements, both the Middle East and Africa saw their lowest absolute occupancy and RevPAR levels for any August on record.

Local currency, August 2020 vs. August 2019

Oman

  • Occupancy: -64.6% to 16.0% 
  • ADR: -32.7% to OMR37.85
  • RevPAR: -76.2% to OMR6.06

Each of the three key performance metrics were up from July. The ADR level was the highest in Oman since March.

Qatar

  • Occupancy: -6.1% to 53.6% 
  • ADR: +19.2% to QAR444.29
  • RevPAR: +11.9% to QAR238.16

Qatar saw its first year-over-year RevPAR increase since January 2020. The ADR level was the highest for any month in the country since July 2017. 

Europe hotel performance for August 2020
Europe’s hotel industry reported its best performance levels since February, according to August 2020 data from STR.

Euro constant currency, August 2020 vs. August 2019

  • Occupancy: -44.6% to 43.0%
  • Average daily rate (ADR): -13.0% to EUR103.95
  • Revenue per available room (RevPAR): -51.8% to EUR44.69

The absolute occupancy and RevPAR levels were up significantly from July but remained the lowest for any August on record in Europe. Each of the metrics were the highest for the continent since February. 

Local currency, August 2020 vs. August 2019

Germany

  • Occupancy: -40.9% to 42.7% 
  • ADR: -4.5% to EUR86.37
  • RevPAR: -43.5% to EUR36.92

The absolute occupancy and RevPAR levels are the highest in Germany since February but remained the lowest for any August on record in the country. 

Netherlands

  • Occupancy: -47.0% to 43.7% 
  • ADR: -22.1% to EUR87.01
  • RevPAR: -58.7% to EUR38.00

ADR came in lower than July, but occupancy and RevPAR were the highest for any month in the country since February. 

Central/South America hotel performance
The Central/South America hotel industry reported slight improvement over the previous month, but low overall performance, according to August 2020 data from STR.

U.S. dollar constant currency, August 2020 vs. August 2019

  • Occupancy: -66.4% to 20.2%
  • Average daily rate (ADR): -34.7% to US$53.66
  • Revenue per available room (RevPAR): -78.1% to US$10.82

The absolute occupancy and RevPAR levels were the highest in the region since March but still the lowest for any August in STR’s Central/South America database. ADR also came in lower than any other August on record in the CSA region. 

Local currency, August 2020 vs. August 2019

Peru

  • Occupancy: -32.6% to 45.1% 
  • ADR: -55.6% to PEN187.35
  • RevPAR: -70.1% to PEN84.44

Each of the three key performance metrics were the lowest for any August in STR’s Peru database. The occupancy and RevPAR levels were slightly lower than July. 

Colombia

  • Occupancy: -86.0% to 8.8%
  • ADR: -30.2% to COP187,717.22
  • RevPAR: -90.2% to COP16,531.91

The country’s occupancy and RevPAR were down from the previous month, while ADR was up slightly.  

Co-Founder & Chief Editor - TravelDailyNews Media Network | Website | + Posts

Vicky is the co-founder of TravelDailyNews Media Network where she is the Editor-in Chief. She is also responsible for the daily operation and the financial policy. She holds a Bachelor's degree in Tourism Business Administration from the Technical University of Athens and a Master in Business Administration (MBA) from the University of Wales.

She has many years of both academic and industrial experience within the travel industry. She has written/edited numerous articles in various tourism magazines.

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