Jeddah’s hotel industry reported one of its highest monthly occupancy levels of the pandemic period, according to preliminary March 2021 data from STR.
- Occupancy: 47.1%
- Average daily rate (ADR): SAR676.36
- Revenue per available room (RevPAR): SAR318.72
The occupancy and RevPAR levels were Jeddah’s second-highest since February 2020. Only January 2021 produced higher levels. ADR, on the other hand, fell in line with the levels recorded in the latter half of 2020.
Year-over-year percentage increases are substantial because of the comparison with the months most affected by the pandemic in 2020.
All of STR’s COVID-19 analysis can be found here.
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