ASIA Travel

Hotel Occupancy in Middle East / Africa Drops 11.5% in May 2009

Search ASIA Travel Tips .com Latest Travel News Send to Friend Monday, 29 June 2009

According to the latest data compiled by STR Global, the Middle East / Africa region’s hotel occupancy levels in May 2009 dropped 11.5% year-on-year to 63.1%. The average daily rate decreased 6.1% to US$145.67, while revenue per available room decreased 17% to US$91.99.

“Although they have seen some spectacular year-on-year decreases, the Middle East / Africa region is still very strong compared with the other global regions,” said James Chappell, managing director of STR Global. “The region has the lowest RevPAR decline and the highest actual RevPAR for the month of May and the year-to-date May, compared with Asia / Pacific, Americas and Europe. The market has fallen 17%, posting US$92 RevPAR for the month and US$100 RevPAR year-to-date, as hotels kept their average room rates higher in the face of a strong drop in demand.”

“Of the 26 markets and countries on our Middle East / Africa Hotel Review, political stability in Kenya and Lebanon has seen the hotel market come back strongly with 82% and 144% RevPAR increases year-to-date,” Chappell added. “Jeddah, Abu Dhabi and Amman also bucked the trend and reported RevPAR increases for the month and year-to-date.”

Highlights from key markets in the Middle East/Africa region (percentages are May 2009 v May 2008):

• Beirut, Lebanon, reported the largest increase in both occupancy (+148.4% to 71.4%) and RevPAR (+194.6% to US$118.89).

• Excluding Beirut, Jeddah, Saudi Arabia, was the only market to experience an increase in occupancy, which rose 5.5% to 71.4%.

• Muscat, Oman, was down in occupancy 23.7% to 52.1%, reporting the largest decrease in that metric.

• Amman, Jordan, experienced the largest increase in ADR, rising 21.6% to US$162.22. Beirut was the only other market to experience a double-digit increase in ADR, up 18.6% to US$166.40.

• Two markets reported ADR decreases of more than 25%: Dubai, United Arab Emirates (-30.3% to US$211.41) and Istanbul, Turkey (-26.4% to US$211.06).

• Three markets reported RevPAR decreases of more than 25%: Dubai (-40.4% to US$140.65); Istanbul (-36.3% to US$148.87); and Muscat (-28.6% to US$116.22).

Country Occupancy % change ADR % change RevPAR % change
Egypt 64.2% -18.5% EGP410.83 +1.5% EGP263.81 -17.3%
Saudi Arabia 65.3% -4.7% SAR567.90 +2.4% SAR370.70 -2.4%
South Africa 59.4% -11.6% ZAR802.44 +6.8% ZAR476.82 -5.5%
United Arab Emirates 66.3% -13.6% AED802.34 -22% AED531.62 -32.7%
*percentages are increases/decreases for May 2009 vs. May 2008.
Source: STR Global

    See other recent news regarding: Airlines, Aviation, Flights, First Class, Business Class, GDS, Miles, Hotels, Promotions, New Hotels, Visitor Arrivals, Cruises, Free Deals, STR, May 2009

Subscribe to our Latest Travel News Daily Email Free of Charge by simply entering your email address to the right. You can also stay updated with our RSS Feed Free Travel News RSS Feed and even add the travel news to your website. Have questions? Please read our travel news FAQ.
Exclusive HD video interview with Mr. Fumihiro Sakakibara, General Manager - Japan, Macao Government Tourism Office. Aviation industry update from the Group CEO of AirAsia, Mr. Tony Fernandes, and Gary Chapman, Emirates' President Group Services and dnata. Exclusive HD video interview with Mr. John R. Rolfs, General Manager of The Ritz-Carlton, Tokyo and Vice President Japan & Korea. In this interview, filmed in a luxurious suite at The Ritz-Carlton, Tokyo on Sunday, 24 September 2017, we ask Mr. Rolfs to tell us more about the property.
Macao Tourism Update Aviation: AirAsia and Emirates The Ritz-Carlton, Tokyo
What exactly is going to happen to The Dusit Thani Bangkok hotel, when will it close, what about the staff, when will the new Dusit Thani Bangkok open and what will it be like? In this exclusive HD video interview with Ms. Sukanya Janchoo, General Manager of The Dusit Thani Bangkok, Steven Howard of asks Khun Sukanya about the hotel, its markets, RevPAR and these major changes. Travelodge Hotels Asia’s Brands and Expansion Plans - Exclusive HD Video Interview with Stephen Burt, Chairman. Exclusive HD video interview with Alejandro Bernabe, Group Director of Avani Hotels and Resorts. We talk about Avani Hotels' future plans and what exciting new developments are in the pipeline. You will also learn that Avani is about to announce a new sub brand, is currently building its first resort with private pool villas and what the group's position is on new technology.
Dusit Thani Bangkok Travelodge Hotels Asia Avani Hotels & Resorts
Jonathan Wigley, CEO of Travelodge Thailand, outlines expansion plans in HD Video Interview. Exclusive HD video interview with Myanmar's Minister of Tourism and Hotels, H.E. U Ohn Maung, about the status of tourism in the beautiful and mystical country of Myanmar (formerly known as Burma). Birth of a Luxury Thai Hotel Brand - HD Video Interview with Christopher E. Stafford, Chief Operating Officer of the newly formed 137 Pillars Hotels & Resorts.
CEO of Travelodge Thailand Myanmar Tourism Update Birth of Luxury Thai Hotel Brand
This HD video tour of Thai AirAsia X's brand new 337-seat Airbus A330-300 aircraft was filmed at Don Mueang Airport in Bangkok, Thailand on 14 May 2014  Exclusive HD video interview with Jaime J. Bautista, President & Chief Operating Officer (COO) of Philippine Airlines (PAL) HD video of the interior and exterior of a Thai Vietjet Airbus A320-200.
Thai AirAsia X A330-300 PAL President & COO Thai Vietjet A320-200
Inside Qatar Airways Boeing 787-8 Dreamliner - HD Video It takes 800 workers between 65 and 80 days to assemble, install, test, paint, furnish and deliver an Emirates Airbus A380. Showers, Bars, Lounge - The Emirates Airbus A380 Has Them All - HD Video Tour Thai Airways International Takes Delivery of Brand New Boeing 777-300ER
Qatar Airways B787 Emirates A380 Thai Airways B777-300ER
Latest Travel News
Copyright © 1997-2017