LONDON and HENDERSONVILLE, Tennessee—The Middle East/Africa region reported mixed year-over-year results when reported in U.S. dollars for January 2009, according to data compiled from STR Global.
The region’s occupancy dropped 13.7 percent to 55.4 percent; ADR increased 6.9 percent to US$173.28; and RevPAR decreased 7.7 percent to US$95.98.
Highlights from key individual markets in the Middle East/Africa region include (percentages are January 2009 vs. January 2008):
• Beirut, Lebanon, was the only market to report increases in all three key performance measurements, rising 24.1 percent in occupancy to 52.6 percent, 28.4 percent in ADR to US$168.94, and 59.5 percent in RevPAR to US$88.84.
• Amman, Jordan, and Tel Aviv, Israel, reported decreases in occupancy of more than 20 percent, down 22.9 percent to 41.4 percent and 43.0 percent to 41.4 percent, respectively.
• Markets reporting ADR increases of more than 25 percent include: Abu Dhabi, United Arab Emirates (+28.6 percent to US$360.78); Beirut (+28.4 percent to US$168.94); Jeddah, Saudi Arabia (+42.9 percent to US$177.85); and Muscat, Oman (+39.5 percent to US$330.43).
• Three markets reported RevPAR increases of more than 20 percent: Beirut (+59.5 percent to $88.84); Jeddah (+35.2 percent to US$112.85); and Muscat (+24.3 percent to US$223.98).
• The largest decreases in RevPAR were reported by Cape Town, South Africa (-35.3 percent to US$63.20) and Tel Aviv (-40.7 percent to US$76.69).
Performances of key countries in January (all monetary units in local currency):
| Country |
Occupancy |
% change |
ADR |
% change |
RevPAR |
% change |
| Egypt |
54.3% |
-22.0% |
EGP477.42 |
+15.4% |
EGP259.12 |
-10.0% |
| Israel |
43.6% |
-30.3% |
ILS533.98 |
+17.2% |
ILS233.05 |
-18.3% |
| Saudi Arabia |
49.5% |
-8.7% |
SAR723.90 |
+25.8% |
SAR358.06 |
+14.9% |
| South Africa |
56.3% |
-10.3% |
ZAR824.33 |
+6.2% |
ZAR464.04 |
-4.7% |
| United Arab Emirates |
68.3% |
-16.6% |
AED1122.52 |
-5.5% |
AED766.26 |
-21.2% |
*percentages are increases/decreases for January 2009 vs. January 2008
View Global Hotel Review for January 2009.
About STR & STR Global:
For more than 20 years, Smith Travel Research has been the recognized leader for lodging industry benchmarking and research. Smith Travel Research and STR Global offer monthly, weekly, and daily STAR benchmarking reports to more than 36,000 hotel clients, representing nearly 5 million rooms worldwide. STR is headquartered in Hendersonville, Tennessee, and STR Global is based in London. For more information, visit www.strglobal.com.
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