Manama hotels post strong occupancy, rates growth in March

Latest STR Global data shows 32.2% occupancy rise, 29.6% RevPAR increase in Bahraini capital
By Andy Sambidge
Sat 26 Apr 2014 10:23 AM

Hotels in Bahrain's capital Manama were among the best performing in the Middle East and Africa during March, according to new data released by STR Global.

Occupancy rates in Manama showed an average increase of 32.2 percent last month to 60.7 percent while revenue per available room (RevPAR) soared 29.6 percent to $119.14.

It was the second consecutive month of strong growth for Manama hotels after they registered a 39 percent increase in occupancy in February and a 37.7 percent rise in RevPAR.

Hotels in the Saudi Arabian city of Jeddah posted the largest regional increase in average daily rates (ADR) in March, a rise of 8.5 percent to $247.5.

The STR Global data also showed that hotels in Doha, Qatar, fell 10.4 percent in ADR to $187.18, posting the only double-digit decrease in that metric in the region

STR Global also said that the UAE's hospitality sector posted an average occupancy rate of 84 percent in March, up 1.1 percent on the same period last year, while ADR fell 0.2 percent and RevPAR rose 0.9 percent

Hotels in Saudi Arabia registered an average occupancy rate of 71.1 percent last month, down 1.3 percent, while ADR rose 1 percent and RevPAR slipped 0.3 percent

The Middle East/Africa region reported mixed performance results during March, reporting a 0.7 percent decrease in occupancy to 66.9 percent, a 2.1 percent increase in ADR to $178.18 and a 1.4 percent increase in RevPAR to $119.19.

During the first quarter, the Middle East/Africa region’s occupancy increased 1.2 percent to 65.5 percent; its ADR was up 2.9 percent to $179.74; and its RevPAR rose 4.2 percent to$117.72.

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