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STR: Middle East and Africa hotel performance for March 2020

The absolute occupancy level was the lowest for any month in STR’s United Arab Emirates database. Key markets in the country, Abu Dhabi and Dubai, recorded steep declines in occupancy, -35.6% and -54.7%, respectively.

LONDON – Showing the impact of the COVID-19 pandemic, hotels in the Middle East and Africa reported steep declines across the three key performance metrics in March 2020, according to data from STR.

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

Middle East
Occupancy: -51.5% to 35.6%
Average daily rate (ADR): -19.3% to US$114.88
Revenue per available room (RevPAR): -60.8% to US$40.86

Africa
Occupancy: -51.6% to 31.1%
ADR: -6.4% to US$102.09
RevPAR: -54.7% to US$31.72

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

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

United Arab Emirates
Occupancy: -49.2% to 41.4%
ADR: -27.6% to AED411.92
RevPAR: -63.2% to AED170.57

The absolute occupancy level was the lowest for any month in STR’s United Arab Emirates database. Key markets in the country, Abu Dhabi and Dubai, recorded steep declines in occupancy, -35.6% and -54.7%, respectively.

South Africa
Occupancy: -45.1% to 37.0%
ADR: -4.4% to ZAR1,264.83
RevPAR: -47.5% to ZAR468.02

The absolute occupancy level was the lowest for any month in STR’s South Africa database. At the market-level, Cape Town experienced a drop in occupancy of 46.5%

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