Hotels in the Middle East recorded their highest absolute occupancy level since February, while Africa hotels saw slightly lower occupancy than the previous month.
LONDON – Reflecting the impact of a second lockdown, Europe’s hotel industry reported much lower performance levels from the prior month, according to November 2020 data from STR.
Euro constant currency, November 2020 (percentage change from November 2019)
- Occupancy: 21.3% (-70.4%)
- Average daily rate (ADR): EUR72.42 (-32.3%)
- Revenue per available room (RevPAR): EUR14.42 (-81.2%)
Amid continued COVID-19 lockdowns around the continent, each of the three key performance metrics were down from October, and the occupancy level was the lowest since May.
Local currency, November 2020 (percentage change from November 2019)
Belgium
- Occupancy: 13.1% (-82.9%)
- ADR: EUR77.80 (-32.8%)
- RevPAR: EUR10.21 (-88.5%)
Occupancy and RevPAR fell to their lowest levels since May, while ADR was the lowest for any month this year.
Ireland
- Occupancy: 16.2% (-77.4%)
- ADR: EUR73.60 (-37.1%)
- RevPAR: EUR11.93 (-85.8%)
Occupancy and RevPAR dropped to their lowest levels since June, while ADR came in lower than any month this year.
Hotels in the Middle East recorded their highest absolute occupancy level since February, while Africa hotels saw slightly lower occupancy than the previous month, according to November 2020 data from STR.
US$ constant currency, November 2020 (percentage change from November 2019)
Middle East
- Occupancy: 46.9% (-34.4%)
- Average daily rate (ADR): US$107.98 (-24.9%)
- Revenue per available room (RevPAR): US$50.63 (-50.7%)
Africa
- Occupancy: 27.8% (-58.7%)
- ADR: US$92.40 (-13.3%)
- RevPAR: US$25.73 (-64.2%)
Local currency, November 2020 (percentage change from November 2019)
Oman
- Occupancy: 24.1% (-66.0%)
- ADR: OMR33.81 (-45.2%)
- RevPAR: OMR8.15 (-81.4%)
Oman’s occupancy and RevPAR levels were its highest since March, while ADR was slightly lower than October.
Saudi Arabia
- Occupancy: 34.7% (-38.7%)
- ADR: SAR498.11 (+5.2%)
- RevPAR: SAR172.70 (-35.5%)
Each of the three key performance metrics were up from October levels. Monthly ADR increased year over year for the first time since April.
Central/South America hotel performance
The Central/South America hotel industry reported its highest performance levels since the beginning of the pandemic, according to November 2020 data from STR.
US$ constant currency, November 2020 (percentage change from November 2019)
- Occupancy: 32.8% (-48.3%)
- Average daily rate (ADR): US$70.13 (-19.9%)
- Revenue per available room (RevPAR): US$23.03 (-58.6%)
Occupancy was the highest in the region since February, while ADR and RevPAR were the highest since March.
Local currency, November 2020 (percentage change from November 2019)
Peru
- Occupancy: 42.1% (-35.7%)
- ADR: PEN199.25 (-51.3%)
- RevPAR: PEN83.88 (-68.7%)
Each of the three key performance metrics were up from October levels.
Brazil
- Occupancy: 35.7% (-44.2%)
- ADR: BRL288.68 (-10.8%)
- RevPAR: BRL103.00 (-50.2%)
The absolute occupancy and RevPAR levels were the highest in Brazil since February, while ADR was the highest since March.
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.
