STR: Middle East and Africa hotel performance for April 2018
Key April Takeaways:
- Mauritius ADR and RevPAR highest for any April on record
- Makkah occupancy level lowest since 2010
- Tunisia performance surges despite supply growth
STR’s sample comprises 60,000 hotels and more than 8.1 million hotel rooms around the globe. Contact firstname.lastname@example.org for additional market data.
Hotels in the Middle East reported negative April 2018 performance results, while hotels in Africa posted growth across the three key performance metrics, according to data from STR.
U.S. dollar constant currency, April 2018 vs. April 2017
- Occupancy: -4.4 percent to 72.0 percent
- Average daily rate (ADR): -4.5 percent to US$163.76
- Revenue per available room (RevPAR): -12.1 percent to US$115.45
- Occupancy: +6.3 percent to 61.8 percent
- Average daily rate (ADR): +4.0 percent to US$119.79
- Revenue per available room (RevPAR): +10.5 percent to US$73.99
Local currency, April 2018 vs. April 2017
- Occupancy: -9.5 percent to 74.6 percent
- Average daily rate (ADR): +12.8 percent to MUR8,471.64
- Revenue per available room (RevPAR): +2.1 percent to MUR6,318.73
STR analysts note that the absolute ADR and RevPAR levels were the highest for any April on record in Mauritius. The year-over-year ADR growth was the sole driver of RevPAR, as a decline in demand (-8.6 percent) lowered occupancy.
- Occupancy: -12.2 percent to 66.4 percent
- ADR: -17.9 percent to SAR387.12
- RevPAR: -27.9 percent to SAR257.23
STR analysts note that the absolute occupancy level was the lowest for an April since 2010, while absolute ADR was the lowest for the month since 2007. Significant supply growth (+6.2 percent) has been the main driver of negative performance in the market. Until a 6.7 percent demand decrease in April, the market had reported four consecutive months of demand growth.
- Occupancy: +7.7 percent to 53.8 percent
- ADR: +17.2 percent to TND170.73
- RevPAR: +26.2 percent to TND91.91
A 1.3 percent increase in supply is the highest for any month in Tunisia since November 2007. At the same time, the absolute ADR and RevPAR levels were the highest for any April on record in the country. The occupancy level was the highest for an April since 2009. STR analysts credit the boost in performance to increased tourism in the market.