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Middle East Middle East

Middle Eastern Hotels Suffered in May

According to STR, hoteliers in the Middle East reported a 5.9 percent year-on-year fall in occupancy in May to 64.4 percent, along with a 2.5 percent drop in average daily rate (ADR) to USD159.47 and an 8.2 percent plummet in RevPAR to USD96.88.

STR primarily attributed the performance decline to the Ramadan calendar shift.

In Qatar, RevPAR plunged 14.8 percent to QAR255.08 (USD68.37), accompanied by falling ADR and occupancy, down 10.1 percent and 5.3 percent, respectively.

Concurrently, hoteliers in the UAE also recording declines in all three parameters, exacerbated by a 5.3 percent increase in supply compared to May 2016.

Occupancy tumbled 7.1 percent to 72 percent, while ADR decreased 6.1 percent and RevPAR fell 12.8 percent.