Showing the continued impact of the COVID-19 pandemic, hotels in the Middle East and Africa reported unprecedented performance lows during May 2020. Central/South America hotel industry reported also historic performance lows during May 2020.
LONDON – Reflecting the continued impact of the COVID-19 pandemic, Europe’s hotel industry reported performance lows during May 2020, according to data from STR.
Euro constant currency, May 2020 vs. May 2019
- Occupancy: -82.3% to 13.3%
- Average daily rate (ADR): -33.7% to EUR77.56
- Revenue per available room (RevPAR): -88.3% to EUR10.30
The absolute occupancy, ADR and RevPAR levels were up from April levels, but were the lowest for any May in Europe.
Local currency, May 2020 vs. May 2019
Germany
- Occupancy: -84.7% to 11.7%
- ADR: -22.2% to EUR82.49
- RevPAR: -88.1% to EUR9.62
While slightly up from April levels, absolute occupancy and RevPAR levels were the lowest for any May in STR’s Germany database.
Netherlands
- Occupancy: -86.4% to 10.7%
- ADR: -39.3% to EUR82.01
- RevPAR: -91.7% to EUR8.76
Performance rose slightly from April, but the absolute occupancy, ADR and RevPAR levels were the lowest for any May in STR’s Netherlands database.
Middle East and Africa hotel performance for May 2020
Showing the continued impact of the COVID-19 pandemic, hotels in the Middle East and Africa reported unprecedented performance lows during May 2020, according to data from STR.
U.S. dollar constant currency, May 2020 vs. May 2019
Middle East
- Occupancy: -31.0% to 36.0%
- Average daily rate (ADR): -45.6% to US$87.84
- Revenue per available room (RevPAR): -62.5% to US$31.59
Africa
- Occupancy: -72.1% to 14.2%
- ADR: -26.6% to US$70.09
- RevPAR: -79.5% to US$9.97
Both the Middle East and Africa saw their lowest absolute occupancy and RevPAR levels for any May on record.
Local currency, May 2020 vs. May 2019
United Arab Emirates
- Occupancy: -30.7% to 35.6%
- ADR: -35.0% to AED260.40
- RevPAR: -54.9% to AED92.62
The absolute occupancy, ADR and RevPAR levels were the lowest for any May in STR’s United Arab Emirates database. Occupancy and RevPAR were up from April levels.
Bahrain
- Occupancy: -65.3% to 11.6%
- ADR: -6.4% to BHD51.51
- RevPAR: -67.5% to BHD5.97
The absolute occupancy and RevPAR levels in Bahrain were the lowest for any month on record.
Central/South America hotel performance for May 2020
Reflecting the impact of the COVID-19 pandemic, the Central/South America hotel industry reported historic performance lows during May 2020, according to data from STR.
U.S. dollar constant currency, May 2020 vs. May 2019
- Occupancy: -73.0% to 15.3%
- Average daily rate (ADR): -34.3% to US$54.17
- Revenue per available room (RevPAR): -82.2% to US$8.31
The absolute occupancy, ADR and RevPAR levels were the lowest for any May in STR’s Central/South America database.
Local currency, May 2020 vs. May 2019
Colombia
- Occupancy: -88.4% to 6.7%
- ADR: -30.8% to COP183,331.93
- RevPAR: -92.0% to COP12,253.20
Occupancy was virtually flat in comparison with April. Both the occupancy and RevPAR levels were the lowest for any May in STR’s Colombia database.
Peru
- Occupancy: -38.9% to 39.9%
- ADR: -48.6% to PEN214.74
- RevPAR: -68.6% to PEN85.66
The absolute levels in the three key performance metrics were the lowest for any May in STR’s Peru database. The absolute occupancy remains the highest in the region as a result of the Peruvian Government initiative “Apoyo Solidario” to host quarantine travelers in hotels, in addition to front line workers. Occupancy was slightly higher than April, while ADR was marginally lower.
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.
