ccording to STR, hotels in the Middle East reported negative 2017 performance results, while hotels in Africa posted growth across the three key performance metrics.
Thank you for reading this post, don't forget to subscribe!STR reports the following data for the Middle East, Africa and Kuwait comparing the full calendar year 2017 to prior year 2016.
Middle East
Occupancy: -1.1% to 65.0%
Average daily rate (ADR): -4.5% to US$164.33
Revenue per available room (RevPAR): -5.6% to US$106.89
Africa
Occupancy: +5.6% to 58.0%
Average daily rate (ADR): +7.4% to US$104.15
Revenue per available room (RevPAR): +13.4% to US$60.43
Kuwait
Occupancy: +8.8% to 56.7%
ADR: -4.7% to KWD62.17
RevPAR: +3.7% to KWD35.23
