Qatari capital's hospitality sector also posts 23% increase in RevPAR - STR Global data
Hotels in Doha saw occupancy rates rise by nearly 27 percent in June, the largest increase of any country in the Middle East and Africa, according to latest data released by STR Global.
Properties in Doha posted occupancy rate rises of 26.7 percent, taking levels to 63.2 percent, followed by Cairo with a 21.5 percent increase.
By contrast, Riyadh in Saudi Arabia posted one of the largest occupancy decreases in June with a 3.6 percent decline to 54.1 percent.
Doha was also one of the best performing markets for revenue per available room (RevPAR) with a 23.5 percent increase to $119.52.
The Qatari capital city was second only to Omani capital Muscat which saw a RevPAR rise of 24.6 percent to $98.27.
Two markets experienced double-digit growth in average daily rates (ADR). Jeddah, Saudi Arabia posted a 14.1 percent to $260.01), while Muscat reported a 10 percent rise to $168.26.
Beirut (-18.4 percent to $162.54) posted the largest ADR decrease for the month while the Lebanese city also fell 20.4 percent in RevPAR to $88.80, posting the largest decrease in that metric.
Overall, the Middle East/Africa region reported a 5.9 percent increase in occupancy to 61.8 percent, a four percent increase in ADR to $141.21 and a 10.1 percent increase in RevPAR to $87.21.
During the first half of 2013, the region reported increases in all three key performance metrics. Its occupancy rose 4.9 percent to 63.7 percent, its ADR was up 2.9 percent to $166.64 and its RevPAR increased eight percent to $106.19.
“Hotels in the Middle East/Africa region achieved an 8 percent RevPAR increase in the first part of 2013, growing both in occupancy and ADR terms," said Elizabeth Winkle, managing director of STR Global.
“Lebanon continues to suffer collateral damage due to its geographic proximity to Syria. Year-to-date June 2013 hotels in the capital of Beirut have achieved an occupancy level of 53 percent, which is 10 percent lower than the same time last year, and an ADR of US$156.00, 21 percent lower than last year.”