Hotels in both the Middle East and Africa recorded their highest absolute occupancy level since February, according to October 2020 data from STR.
LONDON – Reflecting the impact of a second lockdown, Europe’s hotel industry reported slight performance decreases from the prior month, according to October 2020 data from STR.
Euro constant currency, October 2020 (percentage change from October 2019)
- Occupancy: 32.3% (-57.8%)
- Average daily rate (ADR): EUR84.91 (-26.4%)
- Revenue per available room (RevPAR): EUR27.39 (-69.0%)
Amid new COVID-19 lockdowns around the continent, each of the three key performance metrics were down from September, and the occupancy level was the lowest since June.
Local currency, October 2020 (percentage change from October 2019)
United Kingdom
- Occupancy: 40.2% (-50.4%)
- ADR: GBP65.86 (-31.3%)
- RevPAR: GBP26.51 (-65.9%)
Each of the three key performance metrics fell to their lowest level since July.
Netherlands
- Occupancy: 18.0% (-77.7%)
- ADR: EUR79.73 (-36.9%)
- RevPAR: EUR14.36 (-85.9%
Occupancy fell to its lowest level since May, while ADR came in lower than any month since April.
Middle East and Africa hotel performance
Hotels in both the Middle East and Africa recorded their highest absolute occupancy level since February, according to October 2020 data from STR.
US$ constant currency, October 2020 (percentage change from October 2019)
Middle East
- Occupancy: 44.2% (-33.8%)
- Average daily rate (ADR): US$108.47 (-23.2%)
- Revenue per available room (RevPAR): US$47.96 (-49.2%)
Africa
- Occupancy: 28.6% (-56.3%)
- ADR: US$101.71 (-3.5%)
- RevPAR: US$29.08 (-57.8%)
Local currency, October 2020 (percentage change from October 2019)
Qatar
- Occupancy: 56.6% (-22.6%)
- ADR: QAR361.59 (-6.3%)
- RevPAR: QAR204.58 (-27.5%)
Qatar’s occupancy was slightly lower than September, but ADR and RevPAR were up from the month prior.
United Arab Emirates
- Occupancy: 52.7% (-31.5%)
- ADR: AED358.69 (-33.2%)
- RevPAR: AED189.19 (-54.2%)
Each of the three key performance metrics were up from previous months. The occupancy and RevPAR levels were the highest in the UAE since February.
Central/South America hotel performance
The Central/South America hotel industry reported its highest performance levels since the beginning of the pandemic, according to October 2020 data from STR.
US$ constant currency, October 2020 (percentage change from October 2019)
- Occupancy: 29.0% (-52.7%)
- Average daily rate (ADR): US$66.68 (-21.4%)
- Revenue per available room (RevPAR): US$19.36 (-62.8%)
Each of the three key performance metrics were the highest for any month in STR’s Central/South America database since March.
Local currency, October 2020 (percentage change from October 2019)
Peru
- Occupancy: 40.9% (-36.7%)
- ADR: PEN189.68 (-52.3%)
- RevPAR: PEN77.61 (-69.8%)
The absolute occupancy level was the lowest for any month in Peru since May, while the RevPAR level was the lowest for any month since April. ADR, however, was the highest for any month since June.
Colombia
- Occupancy: 22.2% (-64.0%)
- ADR: COP225,976.65 (-14.7%)
- RevPAR: COP50,167.45 (-69.3%)
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.
