According to data compiled by STR Global,
occupancy rates of hotels in the Middle East / Africa region
dropped 8.5% to 68.3%. ADR fell 1.9% to US$166.95 and RevPAR
decreased 10.2% to US$114.10.
“As October 2008 was a strong month for RevPAR
growth (+24.6%) across Middle East / Africa region, the comparables
for October 2009 (-10.2%) fell behind Europe (-1.6%) and
Asia Pacific (-3.1%),” said Elizabeth Randall, managing director
of STR Global. “Out of the 11 cities tracked on our Middle
East / Africa Performance Review, only Abu Dhabi, Dubai and Muscat
reported monthly RevPAR declines higher than the regional average.
The overall declining demand and in cases like Dubai, the
increases in supply are reasons for these performances. Muscat had
a very strong October in 2008 and therefore now sees the
Highlights from key markets in the Middle
East / Africa region (percentages are October 2009 vs. October
• Riyadh, Saudi Arabia, reported the largest
occupancy increase, up 7.9% to 70.4%, followed by Beirut, Lebanon
with a 7.4% increase to 83.5%.
• Three markets reported
double-digit occupancy decreases in Muscat, Oman (-17.3% to 66.1%);
Johannesburg, South Africa (-12% to 65.7%); and Abu Dhabi,
United Arab Emirates (-11.3% to 80.1%).
• Three markets
experienced ADR increases of more than 30%: Istanbul, Turkey
(+40.9% to US$306.85); Johannesburg (+34.7% to US$92.48); and Cape
Town, South Africa (+31.3% to US$141.96).
• Dubai, UAE, posted
the largest ADR decrease, falling 29.3% to US$264.73, followed by
Muscat with a 12.8% decrease to US$269.79.
experienced the largest RevPAR increase, jumping 35.7% to
US$230.69. Three other markets reported double-digit RevPAR
increases: Cape Town (+19.5% to US$97.76); Johannesburg (+18.5% to
US$60.80); and Beirut (+16.5% to US$154.31).
• Dubai reported
the largest RevPAR decrease, dropping 35.3% to US$198.22, followed
by Muscat with a 27.9-percent decrease to US$178.39.
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