Middle East Hotels’ Performance Dips in 2017, Yet Africa Hotels Uptick

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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.

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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

 

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