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STR: EMEA hotel performance for April 2020

Reflecting the impact of the COVID-19 pandemic, Europe’s hotel industry reported unprecedented performance lows during April 2020, according to data from STR.

LONDON – Showing the impact of the COVID-19 pandemic, hotels in the Middle East and Africa reported unprecedented performance lows during April 2020, according to data from STR.

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

Middle East

  • Occupancy: -58.0% to 31.2%
  • Average daily rate (ADR): -35.1% to US$95.54
  • Revenue per available room (RevPAR): -72.7% to US$29.82

Africa
Occupancy: -79.8% to 12.5%

  • ADR: -31.1% to US$77.85
  • RevPAR: -86.1% to US$9.75

Both the Middle East and Africa saw their lowest absolute occupancy and RevPAR levels for any month on record.

Local currency, April 2020 vs. April 2019

Saudi Arabia

  • Occupancy: -50.4% to 31.8%
  • ADR: +4.9% to SAR474.66
  • RevPAR: -47.9% to SAR151.11

The absolute occupancy level in Saudi Arabia was the lowest for any April since 2003. Key markets in the country, Jeddah and Riyadh, recorded 53.9% and 39.9% occupancy declines, respectively. 

Qatar

  • Occupancy: -33.0% to 48.8%
  • ADR: +4.6% to QAR410.36
  • RevPAR: -29.9% to QAR200.45

The absolute occupancy level was the lowest for any April in STR’s Qatar database. At the market-level, Doha Centre experienced a drop in occupancy of 32.4%. 

Reflecting the impact of the COVID-19 pandemic, Europe’s hotel industry reported unprecedented performance lows during April 2020, according to data from STR.

Euro constant currency, April 2020 vs. April 2019

  • Occupancy: -84.6% to 11.1%
  • Average daily rate (ADR): -30.1% to EUR77.52
  • Revenue per available room (RevPAR): -89.2% to EUR8.58

The absolute occupancy and RevPAR levels were the lowest for any month on record in Europe. 

Local currency, April 2020 vs. April 2019

Russia

  • Occupancy: -89.0% to 7.2%
  • ADR: -25.3% to RUB3,712.65
  • RevPAR: -91.8% to RUB267.20

The absolute levels in each of the three metrics were the lowest for any month in STR’s Russia database. Among key markets in the country, Moscow and Saint Petersburg saw single-digit absolute occupancy levels during the month, 9.1% and 2.8%, respectively. 

Netherlands

  • Occupancy: -90.0% to 8.2%
  • ADR: -41.6% to EUR82.69
  • RevPAR: -94.2% to EUR6.76

The absolute occupancy and RevPAR levels were the lowest for any month in STR’s Netherlands database. At the market-level, Amsterdam’s occupancy fell 92.6% to 6.4%.

Vicky Karantzavelou
Co-Founder & Chief Editor - TravelDailyNews Media Network | Website

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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